Value Could Be a Huge 2021 Rotation Winner: 4 Dividend Stocks to Buy Now

With its founding in 1968, HCA Healthcare created a new model for hospital care in the United States, using combined resources to strengthen hospitals, deliver patient-focused care and improve the practice of medicine. The company has conducted a number of clinical studies, including one that demonstrated that full-term delivery is healthier than early elective delivery of babies and another that identified a clinical protocol that can reduce bloodstream infections in ICU patients by 44%.

Shareholders receive a 1.09% dividend. BofA Securities has a $197 price target, while the consensus target is $193.47. HCA Healthcare stock close on Monday at $175.46.

Morgan Stanley

This is one of Wall Street’s white-glove firms, and it may be among the best buys in the banking and investment arena. Morgan Stanley (NYSE: MS) is a global investment bank with leading positions in investment banking (M&A and equity underwriting), equity trading and wealth management, which contributes nearly 50% of firmwide revenues. The firm also has an asset management business, which adds to the lower-risk business profile the firm has pursued since the financial crisis.

Last year, this Wall Street investment bank agreed on a $13 billion purchase of discount brokerage E-Trade. With 5.2 million customers, it was once a revolutionary platform that “helped usher in a dramatic shift among financial services firms” and fueled the rise of indexes and exchange-traded funds, making investing vastly easier for do-it-yourself investors.

Investors in Morgan Stanley stock receive a 1.77% dividend. The $85 BofA Securities price target compares with the $83.80 consensus target and Monday’s close at $79.16 per share.


This top industrial company looks poised for a solid 2021 and beyond. Parker-Hannifin Inc. (NYSE: PH) manufactures and sells motion and control technologies and systems for various mobile, industrial and aerospace markets worldwide.

The Diversified Industrial segment provides pneumatic, fluidic and electromechanical components and systems, as well as filters, systems and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water and other liquids and gases.

The Aerospace Systems segment offers flight control, hydraulic, fuel, fluid conveyance and engine systems and components for commercial and military airframe and engine programs. It also provides electronics thermal management heat rejection systems and single-phase and two-phase heat collection systems for radar, inverse synthetic aperture radar and power electronics.

Shareholders receive a 1.23% dividend. BofA Securities has set a $385 price objective. The consensus price target is $323.88. Monday’s last Parker-Hannifin stock trade hit the tape at $297.58, after rising almost 4% for the day.

With solid upside to the BofA Securities price targets, and very reasonable P/E numbers, it makes sense to move some capital from higher flying momentum or technology plays to any or all of these top stocks. They are good ideas in a very pricey market that could be ripe for a correction.