
After underperforming the market during the first half of 2023 as investors poured into artificial intelligence (AI) stocks, dividend stocks are starting to make a comeback. The S&P 500 Dividend Aristocrats ETF (NOBL), which tracks companies that have raised dividends for 25 consecutive years or more, is still slightly negative year-to-date - but NOBL recently crossed above its 20-day moving average, and is now looking to take out its 50-day moving average, too.