10 Top-Yielding $100 Stocks

Stock quotes in this article: DB , JPM , BAC , MET , MO , ITY , DEO , BYD , ETR  

Who says that there is no growth potential in high-priced stocks? Not only do you have the same potential to achieve capital appreciation as lower-priced shares, but higher-priced stocks can also provide added income from dividends dividend.

Stockpickr has reviewed the stocks that sell for over $100 a share, extracted the ones with the highest yields and compiled them in a portfolio called the Top-Yielding High-Price Stocks.

Deutsche Bank(DB Quote) is a stock that sells for over $100 a share in spite of the fact that it has dropped in price during the last month along with many other bank stocks. It yields 5.9%.

The chief executive of the bank, Josef Ackermann, called for more transparency and overhauling of investment banks in a recent speech at the London School of Economics, according to a Financial Times report. The company's earnings announcement is scheduled for Feb. 7. The stock has a price-to-earnings (P/E) ratio of 8 and a P/E-to-growth (PEG) ratio of 0.6.

Deutsche Bank is also featured in the portfolio of AXA Enterprise Global Financial Service Fund, which invests at least 80% of its portfolio in U.S. and foreign financial services stocks. The fund, which is rated four stars by Morningstar, also owns JPMorgan Chase(JPM Quote), which yields 3.8%, Bank of America(BAC Quote), which yields 6.9%, and MetLife(MET Quote), which has a yield of 1.3%.

Another high-yield, triple-digit stock is Imperial Tobacco Group(ITY Quote), which yields 3.9%. The stock last week was selling for about $100 but has fallen sharply in the last few days along with the broader market. This British tobacco producer just received approval from Spanish regulators for the takeover of Altadis SA. Imperial has a P/E of 17 and a PEG of 1.8.

One fund that owns Imperial shares is the Vice Fund, which invests in companies that provide products or services that are considered socially irresponsible. It also holds Altria Group(MO Quote), which yields 3.8%, Diageo(DEO Quote), at a 4% yield, and Boyd Gaming(BYD Quote), which yields 2.3%.

Then there's Entergy(ETR Quote), a stock that sells for around $118 a share and yields 2.7%. This New Orleans-based electric utility has a P/E of 18 and a PEG of 1.8.

Entergy also shows up in 'PEG' Evaluation Top Picks, a portfolio on Stockpickr that also includes Noble(NE Quote), which yields 0.3%, Boeing(BA Quote), yielding 2%, and Legacy Vulcan(VMC Quote), at 2.8%.

For more stocks that sell for over $100 a share and pay high yields, check out the Top-Yielding High-Price Stocks at Stockpickr.com.

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At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the Financial Times and the author of Trade Like a Hedge Fund, Trade Like Warren Buffett and SuperCa$h. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

TheStreet.com has a revenue-sharing relationship with Trader's Library under which it receives a portion of the revenue from purchases by customers directed there from TheStreet.com.

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