"Top Ultra-High-Yield Dividend Stocks: 47%+ Drop Presents Buying Opportunity"
Despite significant declines in their stock prices, Devon Energy and Pfizer are offering ultra-high dividend yields of around 7% and 6% respectively. Devon's improving outlook and attractive valuation, along with its rebounding free cash flow and projected increase in dividends, make it an appealing investment. Pfizer, despite concerns about declining demand for COVID-19 products and upcoming patent expirations, has a strategy in place to handle these challenges and expects significant revenue growth from new product launches and business development deals. Both stocks are considered to be bargains with potential for long-term growth.