Top Dividend Stocks To Watch Now - October 8th

Key Points

• The three top dividend stocks to watch as of October 8th are Direxion Daily TSLA Bull 2X Shares, ProShares UltraPro Short QQQ, and Verizon Communications, chosen for their high dollar trading volume.
• Direxion Daily TSLA Bull 2X Shares aims to provide double the daily performance of Tesla, while ProShares UltraPro Short QQQ offers inverse exposure to the NASDAQ-100 Index.
• Verizon Communications operates through two segments: the Consumer group serving individual customers and the Business group catering to enterprises and government clients.

Direxion Daily TSLA Bull 2X Shares, ProShares UltraPro Short QQQ, and Verizon Communications are the three Dividend stocks to watch today, according to MarketBeat's stock screener tool. Dividend stocks are shares of companies that regularly distribute a portion of their earnings to shareholders, typically on a quarterly basis. Investors in dividend stocks receive these cash payments (or additional shares) as a form of income, in addition to any gains from stock-price appreciation. Because they combine income generation with potential capital growth, dividend stocks are often favored by investors seeking steady returns and lower volatility. These companies had the highest dollar trading volume of any Dividend stocks within the last several days.

Direxion Daily TSLA Bull 2X Shares (TSLL)

Read Our Latest Research Report on TSLL

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

Verizon Communications (VZ)

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).

Read Our Latest Research Report on VZ

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