Part of that could be that the market expecting the Federal Reserve to cut rates this month, which will send safe-haven investors back into equities in search of yield. But another reason could arguably be YieldMax returns. And it's for this reason that people are getting some grand ideas about how much money they can make from this kind of investment strategy.
UnitedHealth (NYSE:UNH) is a Dividend Aristocrat trading at 2018 prices after a slew of unfortunate events that caused it to plunge. The December assassination of CEO Brian Thompson rattled investors and triggered an internal succession scramble, followed immediately by a rare 1.2% earnings miss in Q1, a guidance withdrawal, and the group's CEO resigning.
HP Inc is shifting its focus towards AI-infused products that can drive growth, despite its traditionally mature business model. Launching products like the EliteBook Ultra and OmniBook X, HP aims to tap into new tech opportunities.