Author: Brett Owens, Contrarian Outlook

Washington just put a target on bank profits— so we’re rotating into an 8.1% pipeline tollbooth that gets paid no matter what.

We now have a chance to buy a stout dividend grower at a bargain.

They have proven they can keep their dividends rolling out, no matter what the economy does.

We own the things people literally cannot live without.

This strategy works because it’s contrarian. High yields for blue chips are a signal of value. These stocks aren’t going out of business — they are merely out of favor.