BOSTON ( TheStreet) -- U.S. stocks yesterday weren't able to extend Tuesday's rally after a report showed U.S. housing starts fell 10% in May and FedEx (FDX) issued a 2010 profit outlook that missed analysts' expectations.
Dividend-paying shares help investors weather a weak stock market. Here are 10 stocks that offer enormous yields. They also carry greater-than-average risk.
10. Cellcom Israel (CEL) sells telecom services.
Quarter: First-quarter profit inched up 2.2% to $85 million, or 85 cents a share, as revenue grew 14%. The operating margin rose from 28% to 29%. Cellcom has $270 million of cash and $1.2 billion of debt, equaling a debt-to-equity ratio of 10.Stock: Cellcom has increased 4.3% during the past year, underperforming U.S. indices. It trades at a price-to-projected-earnings ratio of 2.2, reflecting a massive 83% discount to its peer average. It's also cheap based on sales and cash flow. Consensus: Of analysts covering Cellcom Israel, six, or 35%, advise purchasing its shares, 10 recommend holding and one suggests selling them. Citigroup (C) offers a target of $41, leaving a potential return of 52%. UBS (UBS) expects the stock to hit $37.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV