Jim Cramer Says Stay Away from This High-Yield Dividend Stock
Jim Cramer was asked about payments and data company Deluxe Corporation (NYSE: DLX) in a recent program. Here is what he said:
"You said it right. They have been talking diversification for as long as I can remember. They came on the show once. They have an 8% yield. That means that something's very wrong. When you get a yield that's well above all the others, it's not good. I'm going to have to say X-nay Deluxe Corp (NYSE:DLX) . I wish they had been able to—one of the great growth stocks of the '80s."
While we acknowledge the potential of DLX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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