Markets have been dismal lately but it's reassuring to know there are still some stocks that are able to flourish in this bearish environment.
Here is a list of stocks from the TradingStockAlerts Free Stock Screener that are exhibiting strong bullish trends and offer a dividend yield over 2%.
|BFR||BBVA Banco Frances S.A.||$9.79||Finance||Commercial Banks|
|BOBE||Bob Evans Farms, Inc.||$33.76||Consumer Services||Restaurants|
|CATO||Cato Corporation (The)||$27.43||Consumer Services||Clothing/Shoe/Accessory Stores|
|CHT||Chunghwa Telecom Co Ltd||$34.13||Public Utilities||Telecommunications Equipment|
|ELRC||Electro Rent Corporation||$16.16||Technology||Diversified Commercial Services|
|KOF||Coca Cola Femsa S.A.B. de C.V.||$87.57||Consumer Non-Durables||Beverages (Production/Distribution)|
|TNH||Terra Nitrogen Company, L.P.||$122.75||Basic Industries||Agricultural Chemicals|
It's surprising to see a French bank on the list with all the fear surrounding European banks that might be exposed to Greek debt but with a 7.35% yield investors seem willing to risk catching a touch of the Greek contagion.
Another stock I'd like to call your attention to is Terra Nitrogen Company (NYSE:TNH) which is providing a forward dividend yield of 14.6% while sporting a PE of less than 8. Indeed, fundamentals across the board look pretty good. This stock could well be worth a look.
Looking more modest but still showing very conservative and solidly positive fundamentals is Cato Corporation (NYSE:CATO). It's hard to find much wrong with the numbers on this company and the dividend of 3.3% is still reasonably attractive.
These seven stocks are successfully bucking the stock market down-trend while offering nice dividends. Perhaps one of them is right for your portfolio.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.