Dividend stocks can be an excellent way to build wealth over time. In this video, I have selected two of my favorite dividend stocks, Home Depot (NYSE: HD) and Target (NYSE: TGT), to buy in October. *Stock prices used were the afternoon prices of Oct.
Yahoo Finance Live anchors discuss Jefferies raising price targets on Home Depot and Lowe's.
The stock market has been unkind to most investors in 2022, with the S&P 500 down more than 24% year to date. As a result, many dividend-paying stocks are trading at a significant discount, and better yet, their dividend yields -- the ratio of a company's annual dividend to its share price -- have jumped to attractive levels. With that in mind, here are three dividend stocks that look incredibly cheap at current valuations.