The Traderszone Network

Published in TZ Latest News 4 February, 2016 by The TZ Newswire Staff

Even Income Stocks Can Form Bases; Look At These Utilities

Investors in income stocks typically hold for the long term. They’re less interested in the daily or weekly ups and downs of a stock than whether it can deliver modest, but dependable, dividend increases year after year.

So whether a stock is setting up in a base or not is of less interest that it would be to a growth investor hoping to catch the next rally.

But on the theory it’s good to get off to a good start with a stock, there are numerous stocks breaking out that are on IBD’s dividend leaders list that are setting up in bases.

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