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There are many high-yielding dividend stocks to buy, but with markets at all-time highs, many of them have gotten stretched when it comes to valuation. Instead, consider the many undervalued stocks that not only offer a fantastic forward dividend yield, but also housewives seeking nsa mingo potential to gain in the coming 12 months. Granted, if markets overall take a hit, it may be tough for many of these stocks which remain down due to the novel coronavirus pandemic to bounce back towards prior price levels. But with the potential for gains outweighing potential losses, all could be great buys as we head into the new year.

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