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Promising Dividend Stocks To Watch Today - April 17th

ProShares UltraPro Short QQQ logo with background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's stock screener flagged ProShares UltraPro Short QQQ (SQQQ), Chevron (CVX), and Direxion Daily TSLA Bull 2X Shares (TSLL) as the three Dividend stocks to watch today based on the highest dollar trading volume among Dividend stocks in recent days.
  • SQQQ seeks daily returns equal to three times the inverse of the NASDAQ‑100 and TSLL is a 2x daily leveraged long on Tesla, meaning both are short‑term leveraged ETFs rather than conventional long‑term dividend plays.
  • Chevron (CVX) is highlighted as a traditional dividend-paying integrated energy company with upstream and downstream operations, making it a potential income and dividend-growth candidate.
  • Five stocks we like better than ProShares UltraPro Short QQQ.

ProShares UltraPro Short QQQ, Chevron, and Direxion Daily TSLA Bull 2X Shares are the three Dividend stocks to watch today, according to MarketBeat's stock screener tool. Dividend stocks are shares of companies that return a portion of their profits to shareholders, typically as regular cash payments called dividends. Investors often buy them for steady income and potential dividend growth, assessing metrics like dividend yield and payout ratio to gauge sustainability and return potential. 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

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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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