Michael Clarfeld, portfolio manager of ClearBridge Investments’ dividend strategy, identifies opportunities in overlooked stocks as investors remain focused on artificial intelligence. The ClearBridge Dividend Strategy Fund (SOPAX) yields 1.96%, while the S&P 500 yields only 1.02%. His top picks include The Williams Companies at 2.98% yield, Unilever at 3.46%, and Automatic Data Processing at 2.42%. Clarfeld expects market broadening after a period of heavy concentration in mega-cap tech, noting the S&P 500 hit a record of 7,798.99 on August 13.
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