The Best Stocks to Invest $1,000 in Right Now

The 1.1% dividend yield on offer from the S&P 500 index (SNPINDEX: ^GSPC) is underwhelming. However, you don't have to settle for that low yield if you're willing to do a little extra legwork. Look beyond a few high-profile tech stocks, and you can find yields as high as 6.6% from industry-leading businesses like Bristol Myers Squibb (NYSE: BMY), Realty Income (NYSE: O), and Enterprise Products Partners (NYSE: EPD). Here's a quick look at each.Bristol Myers Squibb is one of the world's largest drug companies. While Wall Street is focused on GLP-1 weight loss drugs, Bristol Myers Squibb focuses on treating cardiovascular issues, immune disorders, and cancer. GLP-1 drug advances are exciting, but they aren't the only important developments in the healthcare sector.Bristol Myers Squibb is offering a 4.5% dividend yield with a dividend payout ratio that's around 85%. The payout ratio is important because the pharmaceutical company is facing patent cliffs that have investors worried about the future. When blockbuster drugs lose patent protection, their revenues often fall dramatically. Bristol Myers Squibb's dividend has some wiggle room before it would be at risk of being cut.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool