It holds blue chips like Apple (AAPL), Amazon (AMZN), Visa (V) and recent index addition Tesla (TSLA), but its yield is much higher than the meager 1.5% the S&P indexes pay.
Not only are these names focused on maximizing payouts to shareholders as much as possible, but they also crush the index and have a long history of doing so.
Whether you think there’s more upside ahead or another big plunge is around the corner, the market’s conditions today make this 7% yielder worthy of your consideration.