3 High-Yield Tech Stocks
August 24, 2018
Most investors think the technology sector is only filled with growth stocks. While that association makes sense, there are a handful of tech stocks out there that offer investors a generous yield.
Which tech stocks in particular? We asked a team of Motley Fool contributors to highlight a tech stock that sports a meaty yield. Here's why they called out International Business Machines (NYSE:IBM), Digital Realty Trust (NYSE:DLR), and Crown Castle International (NYSE:CCI).
Tim Green (International Business Machines): The market doesn't like IBM. The stock is trading right around its 52-week low, despite clear signs that the company's multi-year transformation is taking hold. Revenue has now grown for three straight quarters, driven by the strongest mainframe product cycle in years and continued growth of the cloud computing business. And the company has been signing large, multi-technology deals that demonstrate the advantages of long-standing relationships and a broad portfolio of products and services.
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