5 analyst-backed dividend gems will shine as the Fed aims for a soft landing

As interest rates fall and cool, the Fed appears poised to steer the economy toward a soft landing.

This promising environment is setting the stage for a new wave of upside, and smart investors are eager to take advantage of opportunities that could deliver notable returns.

As analysts rave about the potential for double-digit gains, we've identified five U.S. stocks primed to stand out in this dynamic environment.

In this article, we'll examine its growth prospects, look at its dividend policy, and highlight key upcoming quarterly results that could serve as strong catalysts for an upward move.

Read on as we take a closer look at the fundamentals of these stocks and assess what the future might hold.

1. Domino's Pizza

Domino's Pizza (NYSE:) has become a household name in pizza delivery, operating nearly 21,000 locations in more than 90 countries.

With a market cap of $14.3 billion, the company boasts a dividend yield of 1.41%, which has grown an impressive 18% over the last five years. Notably, Domino's has consistently increased its dividend over the past 12 years.

Mark your calendars for October 10th when Domino's reports its quarterly results. Analysts expect earnings per share (EPS) to rise 10.3% in 2024 and 9.9% in 2025, with revenue growth forecast at 7.2% and 6.7%, respectively.

Last quarter, earnings per share rose 30.8%, beating expectations for the seventh consecutive quarter.

Source: InvestingPro

The stock currently has 29 reviews, including 18 Buys, 10 Holds and just one Sell.

Source: InvestingPro

The 12-month average price target is $486.07, suggesting robust upside potential.

Source: InvestingPro

2. UnitedHealth Group

Unitedhealth Group (NYSE:) was founded in 1977 and is headquartered in Minnesota.

This healthcare company offers a range of services and products through its commercial platforms, is one of the largest health insurance companies in the world by revenue and has a capitalization of $531.9 billion.

The dividend yield is 1.44%. These payouts have increased steadily over the past 15 years.

Source: InvestingPro

It will present its quarterly financial statements on October 15th. Earnings per share (EPS) for the 2024 and 2025 calculations are expected to increase by 10.3% and 12.5%, respectively, while revenue is expected to increase by 7.5% and 7.8%, respectively.

Over the past 10 years, the company has grown its earnings at a compound annual growth rate of 10.48%. Last quarter, earnings per share rose 10.7%, exceeding expectations for the 16th consecutive quarter.

Source: InvestingPro

The company has $31.3 billion in cash and has been able to make significant relevant purchases such as: B. Change Healthcare (NASDAQ:) and LHC, one of the largest home health care providers in the country.

There are 23 ratings, 20 of which are Buy, 3 are Hold, and none are Sell.

The market sees potential at $623.11.

Source: InvestingPro

3. Weatherford International (WFRD)

Weatherford International (NASDAQ:), valued at $7.01 billion, is a global leader in innovative solutions for the oil and gas industry. The company operates in 75 countries and has a market capitalization of $7.01 billion.

The dividend yield is 1.71%, which translates to a quarterly dividend of $0.25 per share.

Source: InvestingPro

We will receive the results report on October 23rd. For the 2024 and 2025 calculations, an increase in earnings per share (EPS) of 13.9% and 23.7%, respectively, and an increase in sales of 11.1% and 6.9%, respectively, are forecast.

Source: InvestingPro

The acquisition of Datagration Solutions in September puts Weatherford at the forefront of data integration and analytics, which could drive future growth and operational efficiencies.

There are eight reviews, all purchase ratings.

The financial situation is pretty optimal.

Source: InvestingPro

The market gives it a potential of $142.67.

Source: InvestingPro

4. Cheniere Energy

Cheniere Energy (NYSE:) is a Houston-based energy company focused on liquefied natural gas-related businesses and is the largest producer in the United States and the second largest LNG operator worldwide.

The market capitalization is $41.3 billion.

The dividend yield is 0.97% and it has been paying these distributions since 2021.

Source: InvestingPro

We will find out the figures for the quarter on October 31st. Sales growth of 22% and earnings per share (EPS) of 14.5% are forecast for 2025.

In the last report, the company beat expectations with earnings per share of $3.84, beating the estimate of $1.74. However, revenue came in at $3.3 billion, below the $3.4 billion forecast.

Source: InvestingPro

Its beta is 0.95, meaning stocks move in the same direction as the market and have slightly lower volatility.

Source: InvestingPro

There are 18 ratings, 17 of which are Buy, 1 are Hold and none are Sell.

The price target set by the market would be $203.73.

Source: InvestingPro

5. Tidal water

Tidewater (NYSE:) is a leading provider of shipping and support services to the global energy industry.

Founded in 1957, the company has a presence in multiple regions including the Americas, Europe, Africa and Asia Pacific. The market capitalization is $4.67 billion.

It will present its quarterly results on November 6th. The forecast assumes earnings per share (EPS) growth of 137% and 65% in 2024 and 2025, respectively.

Sales revenue of 38% and 18%. The previous report beat estimates for both revenue and profit. Revenue increased 57.8% year-over-year and earnings per share doubled from $0.43 to $0.94.

Source: InvestingPro

Tidewater's fleet size has grown 80% in the last two years due to its acquisitions of Swire Pacific Offshore and Solstad Offshore. These acquisitions have allowed the company to have larger and more modern ships.

The price target set by the market would be $117.67.

Source: InvestingPro

Conclusion

In summary, these five stocks have promising growth potential, solid dividends, and positive market sentiment. Keep an eye on upcoming quarterly results and the impact of market conditions as you consider your investment options.

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Disclaimer: This article is for informational purposes only. It is in no way intended to encourage the purchase of any assets, nor is it a solicitation, offer, recommendation or investment suggestion. I would like to remind you that all assets are evaluated from multiple perspectives and have a high level of risk, so any investment decision and the associated risk are made at the investor's own risk. We also do not provide investment advisory services.