RDVY - （First Trust Rising Dividend Achievers ETF）

The methodology of First Trust Rising Dividend Achievers ETF focuses on dividend growth, not on the highest yielding stocks. See why I rate RDVY as a Buy.

Enjoy collecting dividends? Here are three stocks to buy in May. International Business Machines ( IBM ): The tech giant’s ongoing shift into hybrid cloud computing and artificial intelligence (AI) could prove to be a strong long-term investment. Williams-Sonoma ( WSM ): The retailer recently announced a 10% increase in dividends, as well as a $1.5 billion stock buyback. First Trust Rising Dividend Achievers ETF ( RDVY ): The fund focuses on companies with a history of raising their dividends. Source: AdityaB. Photography/ShutterStock.com Wall Street is trending lower. Since the beginning of 2022, the NASDAQ 100 Index has fallen over 21%, while the S&P 500 Index has lost more than 13%. As a result, finding stocks to invest in right now may not feel easy in such a choppy environment. Analysts are debating whether we could see a recession in 2022 or 2023. Such a worry comes on top of the impact of inflation as well as geopolitical concerns. Therefore, markets still remain vulnerable to further choppiness.

Enjoy collecting dividends? Here are three stocks to buy in May. International Business Machines ( IBM ): The tech giant’s ongoing shift into hybrid cloud computing and artificial intelligence (AI) could prove to be a strong long-term investment. Williams-Sonoma ( WSM ): The retailer recently announced a 10% increase in dividends, as well as a $1.5 billion stock buyback. First Trust Rising Dividend Achievers ETF ( RDVY ): The fund focuses on companies with a history of raising their dividends. Source: AdityaB. Photography/ShutterStock.com Wall Street is trending lower. Since the beginning of 2022, the NASDAQ 100 Index has fallen over 21%, while the S&P 500 Index has lost more than 13%. As a result, finding stocks to invest in right now may not feel easy in such a choppy environment. Analysts are debating whether we could see a recession in 2022 or 2023. Such a worry comes on top of the impact of inflation as well as geopolitical concerns. Therefore, markets still remain vulnerable to further choppiness.