As major U.S. indexes experience a downturn, with technology stocks leading the slide and Treasury yields reaching new highs, investors are increasingly seeking stability amidst market volatility. In such an environment, dividend stocks can offer a reliable income stream and potential for capital appreciation, making them an attractive consideration for those looking to balance risk in their portfolios.
Bar Harbor (BHB) delivered earnings and revenue surprises of 17.65% and 3.52%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?