Author: Greg Patrick, Daily Trade Alert

Out of the 40-plus stocks you see on my calendar, these are the names that look the most compelling now for new money.

It’s considered one of the best stocks to own for retirement… it appears 14% undervalued right now… and it’s going ex-dividend tomorrow. If you want to collect its next big dividend payout on November 1 (yields a safe 4.6%), then be sure to buy shares today.

This is similar to the trade I made in my retirement portfolio last week that generated $950 in “instant income”.