Author: Vitaliy Dadalyan

3 ‘Strong Buy’ Stocks With Dividend Yields of 8% or Better

What to make of the markets lately? Early September showed a sharp drop from peak values, but since the eighth of the month – for the past three weeks – volatility has ruled the day. All the major indexes have bouncing up and down without showing a clear trend. While increased volatility is almost certainly going to stay with us for a while, it’s time to consider defensive stocks. And that will bring us to dividends. By providing a steady income stream, no matter what the market conditions, a reliable dividend stock provides a pad for your investment portfolio when the share stop appreciating.With this in mind, we’ve used the TipRanks database to pull up three dividend stocks yielding 8% or more. That’s not all they offer, however. Each of these stocks has a Strong Buy rating, and considerable upside potential.Solar Senior Capital (SUNS)The first stock is Solar Senior Capital, an investment management...

Tesla Contract Gives Boost To Mining Startup Looking To Produce Lithium For Batteries

The most ambitious project in the U.S. to free it from almost total dependence on lithium imports to make batteries has received a huge boost with a long-term deal to supply an intermediate product to Tesla, Inc. (NASDAQ: TSLA).Lithium is generally considered the most efficient battery metal, and its production will need to rise significantly in coming years for any sort of energy revolution to take place, whether it's in a vehicle or to construct storage systems to hold electricity in reserve for when intermittent renewables aren't supplying power. Think of wind turbines on a windless day or solar panels when the sun isn't shining. Tesla is building its own batteries. It recently held its battery day event to discuss its progress. Piedmont Lithium Limited (NASDAQ: PLL) announced this week that it had reached an agreement to sell a lithium intermediate product called spodumene concentrate to Tesla for five years on a fixed-price...