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Dividend Stocks To Follow Today - May 9th

ProShares UltraPro Short QQQ logo with background
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Key Points

  • MarketBeat identified five dividend stocks to watch today based on recent trading volume: ProShares UltraPro Short QQQ (SQQQ), Chevron (CVX), Direxion Daily TSLA Bull 2X Shares (TSLL), Accenture (ACN), and CVS Health (CVS).
  • SQQQ and CVX stood out for very different reasons: SQQQ is a leveraged inverse fund tied to the NASDAQ-100, while Chevron is an integrated energy company with upstream and downstream operations including oil, natural gas, LNG, and chemicals.
  • The list also includes major-name companies like Accenture and CVS Health, highlighting services and healthcare exposure alongside the more market-tactical ETFs in the group.
  • MarketBeat previews top five stocks to own in June.

ProShares UltraPro Short QQQ, Chevron, Direxion Daily TSLA Bull 2X Shares, Accenture, and CVS Health are the five Dividend stocks to watch today, according to MarketBeat's stock screener tool. Dividend stocks are shares of companies that regularly pay a portion of their profits to shareholders in the form of dividends, usually on a quarterly basis. Investors often buy dividend stocks for the potential income stream they provide, along with the possibility of long-term growth in the stock’s value. These companies had the highest dollar trading volume of any Dividend stocks within the last several days.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Read Our Latest Research Report on SQQQ

Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

Read Our Latest Research Report on CVX

Direxion Daily TSLA Bull 2X Shares (TSLL)

Read Our Latest Research Report on TSLL

Accenture (ACN)

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

Read Our Latest Research Report on ACN

CVS Health (CVS)

CVS Health Corporation provides health solutions in the United States. It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services.

Read Our Latest Research Report on CVS

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Should You Invest $1,000 in ProShares UltraPro Short QQQ Right Now?

Before you consider ProShares UltraPro Short QQQ, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ProShares UltraPro Short QQQ wasn't on the list.

While ProShares UltraPro Short QQQ currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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