With a market-like yield, double-digit long-term dividend growth, and the potential that shares are 19% undervalued, long-term dividend growth investors could be looking at a great chance to own equity in a business that they almost certainly interact with frequently.
The stock’s recent addition to the S&P 500 is symbolic of its graduation from mere upstart.
These companies have EPS forecasts greater than 20% annually, boosting long-term stock expectations… and they boast Zacks Rank #1 (Strong Buy) ratings, increasing the odds of near-term strength.
Stocks are eventually headed for a new high (the long-term direction of the market is up, after all). In the meantime, let’s take a closer look at three ways we can invest in a flat market, and which one works the best.
It sports a strong combination of a reasonable valuation coupled with the prospect of healthy earnings growth.
Shares have dropped by more than 60% since the beginning of 2022… but the stock now looks undervalued. It has a rock-solid balance sheet, strong insider ownership and solid cash flow (that could increase in the coming years).
Despite the bearish action we’ve witnessed all month, it looks like the stock market is setting up for a decent short-term bounce.
While I’ve added to my position several times over the years, I’ve been an especially heavy buyer this year.
In short, it’s fallen too far, too fast… and history shows investors could see big returns in the months ahead.
These stocks have double-digit earnings growth and are trading at relatively attractive valuations.
It has a recession-proof business that thrives in good times and bad… the company is expanding and will benefit from some powerful economic trends… and several insiders have been accumulating shares in the past month.
Here are today’s upgrades and downgrades: Berkshire Hathaway, AB InBev, Restaurant Brands, Texas Roundhouse, M&T Bank, Brinker, Badger Meter and more.
One of them dropped another 8% yesterday, creating an even better buying opportunity.
It’s been a rough 36 months in the bond market, but bargains are starting to pop up.
