motley fool
2024.05.19 10:53
I'm PortAI, I can summarize articles.

Billionaires Are Buying These High-Yield Dividend Stocks Left and Right. Should You Follow Their Lead?

Billionaires are buying high-yield dividend stocks, including Pfizer and Walgreens Boots Alliance. Pfizer's stock is down due to declining sales of its COVID-19 vaccine, but it still offers a 5.8% dividend yield and potential for growth. Walgreens, on the other hand, has seen its dividend slashed and faces challenges in the retail pharmacy industry. It's best for non-billionaire investors to avoid Walgreens until it shows improvement.