Schwab Network

Max Wasserman’s Dividend-Focused Picks: ABBV, BMY, HD, WM


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Max Wasserman is still bullish and anticipates more volatility ahead – which creates opportunities to buy. He likes Alphabet (GOOGL), Broadcom (AVGO), and other megacaps but thinks valuations are “much more compelling” in the other 493 in the S&P 500. He likes pharmaceuticals like AbbVie (ABBV) and Bristol-Myers Squibb (BMY), especially with their dividends. He’s bullish on Home Depot (HD) as the Fed cuts rates (even as he thinks they shouldn’t), and the defense sector. Another pick is Waste Management (WM).


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