A rising tide lifts all boats, as President John Kennedy stated, and we’re seeing it now on Wall Road, as each the S&P 500 and the NASDAQ are close to document excessive ranges. The positive factors are broad-based and actual, and replicate a rising optimism now that the election is behind us and a COVID-19 vaccine is in sight.So let’s look again, all the way in which to 1973, when economist Burton Malkiel advised us that “a blindfolded monkey throwing darts at a newspaper’s monetary pages may choose a portfolio that will do exactly in addition to one rigorously chosen by the consultants.” He was declaring the impact of random forces on a big sufficient pattern – and the inventory market, with over 7,000 publicly traded equities, and much more 1000’s of energetic merchants working each day, is unquestionably a big sufficient pattern.However that was earlier than mathematician and code-breaker Jim Simons taught us all find out how to crunch the numbers. Simons acknowledged that individuals are not monkeys – and so have entry to data that transcends random results. He invented quantitative buying and selling, and adjusted the funding panorama ceaselessly.And again within the current, Simons revealed in his most up-to-date 13F filings three new inventory positions that bear a better look. These are buy-rated shares that boast no less than a 5% dividend yield and go up from there. We used TipRanks database to search out out what else makes these picks so compelling.Plains GP Holdings (PAGP)First up is Plains GP, an oil and gasoline midstream holding firm. Plains controls property within the oil and gasoline transport sector, the place it strikes the hydrocarbons from the properly head manufacturing websites to the refineries, storage tank farms, and transport services. The corporate property embrace almost 19,000 miles of pipelines, 8,000 crude oil railroad tankers, almost 2,500 vehicles and tractor-trailers, and, on the rivers, 20 transport tugs and 50 barges. These property transfer oil and gasoline into and out of 148 million barrels price of storage capability.PAGP took a tough hit earlier this 12 months from declines within the value of each oil and gasoline, and from diminished demand in the course of the pandemic-inspired financial shutdowns. By Q2, income was down by greater than half, to $3.23 billion. The Q3 high line exhibits the start of a restoration, with revenues coming in at $5.83 billion. Q3 EPS was flat sequentially, at 9 cents.The corporate’s inventory value, as is perhaps anticipated from the monetary efficiency, has failed to realize a lot traction because it fell final winter initially of the corona disaster. Shares in PAGP are down 52% up to now this 12 months.The low share value, nevertheless, presents buyers with a possibility. Clearly, Jim Simons would agree. His fund staked a place in PAGP by shopping for 1,045,521 shares of the inventory. The holding is price $8.44 million on the present share value.Plains GP has stored up its dedication to the dividend. The corporate lower the fee from 36 cents per share to 18 cents for the April fee, however has stored it at that degree since then. The lower stored the yield from exploding as share value fell, and stored the fee inexpensive at present revenue ranges. The present fee annualizes to 72 cents per widespread share, and provides a yield of 8.3%.Raymond James analyst Justin Jenkins likes Plains for its potential to generate money. He writes, “PAGP’s money move profile has really improved this 12 months. Whereas 2021 will see extra headwinds to EBITDA than 2020, decrease capex and cost-cutting measures carried out for the reason that pandemic nonetheless drive an FCF inflection. We now mannequin Plains producing an all-in FCF surplus […] We proceed to imagine the partnership’s outlook is a lot better than latest investor sentiment within the inventory.”According to these feedback, Jenkins charges PAGP a Purchase. His $9 value goal suggests it has room to develop ~10% from present ranges. (To observe Jenkins’ observe document, click on right here)Total, there are three latest evaluations of PAGP on document, and all are Buys – making the analyst consensus right here a unanimous Sturdy Purchase. The inventory is promoting for $8.17, and its $10 common value goal implies a one-year upside of 22%. (See PAGP inventory evaluation on TipRanks)Granite Level Mortgage Belief (GPMT)Subsequent up, Granite Level Mortgage Belief, is a mortgage mortgage firm serving a US buyer base. The corporate invests in senior floating-rate industrial mortgages, in addition to originating and managing such loans. The corporate’s portfolio is valued at greater than $1.Eight billion.GPMT is exhibiting some strong messages in latest monetary efficiency. The corporate beat the forecasts on earnings, reporting 27 cents per share towards a 20-cent estimate, for a 35% beat. Revenues had been up year-over-year, and the corporate completed the quarter with over $353 million in money and money equivalents.That basis allowed GPMT to maintain its dividend, though the corporate did modify the fee to 20 cents per widespread share. At that fee, it annualizes to 80 cents and yields a hefty 8.3%. This compares favorably to monetary sector friends – and is greater than 4x greater than the typical dividend discovered amongst S&P listed firms. Granite Level is one other of Jim Simons’ new positions. The quant billionaire purchased up 155,800 shares of this actual property funding belief (REIT), for a stake that’s now price $1.48 million. Stephen Legal guidelines, overlaying this inventory for Raymond James, sees GPMT as a possible winner for dividend buyers. He writes, “We count on internet curiosity revenue to proceed to learn from LIBOR loans in flooring, and are rising our core earnings estimates to replicate this. Whereas GPMT reinstated the quarterly dividend of $0.20 per share, the corporate nonetheless has roughly $29 million of undistributed taxable revenue at September 30. Given this, we anticipate a particular dividend of $0.40 per share to be declared previous to year-end.”The 5-star analyst charges the inventory an Outperform (i.e. Purchase), and his $11 value goal implies 16% progress over the following months. (To observe Legal guidelines’ observe document, click on right here)That is one other inventory with a unanimous analyst score – though the 2 latest Buys make the consensus view a Reasonable Purchase. The typical value goal matches Legal guidelines’, at $11, and signifies a 16% upside from the present buying and selling value of $9.60. (See GPMT inventory evaluation on TipRanks)Phillips 66 (PSX)Final on our listing of Simons’ new purchases is Phillips 66, the oil and gasoline big. With over $107 billion in annual revenues, and greater than $58 billion in whole property, Phillips 66 is deeply concerned in oil manufacturing, refining, and advertising. The corporate additionally has a big presence within the petrochemical trade.The low costs, financial shutdowns, and unpredictable demand have put stress on PSX’s share value this 12 months, and the inventory has solely partly rebounded from final winter’s swoon. PSX is down 40% year-to-date, but it surely’s up 54% from its late-March trough.Within the third quarter, Phillips 66 noticed an EPS lack of 1 cent – however that was much better than the 80-cent misplaced which had been forecast. Revenues for the quarter got here in at $15.93 billion, up 45% from the earlier quarter.The corporate pays out 90 cents per widespread share, and has an 8-year historical past of preserving a dependable fee with occasional will increase. The annualized fee of $3.60 offers a yield of 5.4%, properly above the utility sector common yield of three.3%.Simons, for his half, was impressed sufficient by this inventory to buy 120,800 shares. That’s a holding now price $7.47 million.In his be aware on PSX, Scotiabank’s Paul Cheng notes a number of key factors, together with some that will appear counterintuitive. “Passing of Election Day may very well set off new shopping for within the group even with a Biden win. Opposite to the widespread perception, the sector has traditionally outperformed the final market within the first 12 months of a brand new Democrat Administration… Cyclical sectors might be in demand once more as buyers re-focus their consideration from the election to vaccine availability,” Cheng opined. The analyst added, “…relative to different refiners, PSX ought to profit extra from a rising oil value atmosphere given their giant chemical and NGL operations.”To this finish, Cheng charges PSX an Outperform (i.e. Purchase). He units a $79 value goal, indicating an upside potential of 25% for the following 12 months. (To observe Cheng’s observe document, click on right here)All in all, Phillips 66 get a broad-based thumbs-up from Wall Road – as clear from the 11 Purchase scores on the inventory, giving it a Sturdy Purchase analyst consensus. (See PSX inventory evaluation on TipRanks)To seek out good concepts for dividend shares buying and selling at enticing valuations, go to TipRanks’ Finest Shares to Purchase, a newly launched instrument that unites all of TipRanks’ fairness insights.Disclaimer: The opinions expressed on this article are solely these of the featured analysts. The content material is meant for use for informational functions solely. It is rather vital to do your personal evaluation earlier than making any funding.