The high-quality dividend names are the way to go, said Bryan Piskorowski, managing director at Wells Fargo Advisors.
“I think we’ve had a go-go recovery in the marketplace and you’ve seen a lot of low quality deep cyclical names that have been bouncing,” Piskorowski told CNBC.
The sector that has been neglected is the high-quality dividend stocks, he said.
“In this kind of market, individual investors might not be super comfortable with equities, but you can take a look at dividend growth names as a way to make total return, in order to make back for the losses over the last few years,” he said.
iShares Dow Jones Select Dividend Index
No immediate information was available for Piskorowski or his firm.
Other High-Dividend ETFs:
First Trust Morningstar Dividend Leaders Index Fund
SPDR S&P Dividend ETF
Vanguard High Dividend Yield ETF
WisdomTree DEFA High-Yielding Equity Fund