The S&P 500 Is Up 13% in 1 Month, but These 2 High-Yield Dividend Stocks and ETF Are Still Too Cheap to Ignore

At the time of this writing, the S&P 500 (SNPINDEX: ^GSPC) has rocketed upward by 13.3% in the last month -- almost enough to bring it back to where it started the year. That surge has lifted the valuations of many stocks back to lofty levels, but there are still plenty of bargains if you know where to look.Some income investors on the hunt for deals today may prefer to scoop up shares of high-yielding dividend payers like NextEra Energy (NYSE: NEE) or Target (NYSE: TGT), whereas others may go for an exchange-traded fund (ETF) that holds positions in dozens if not hundreds of stocks -- like the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI).Here's why these two stocks and this ETF are great buys now for generating passive income.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool