A slumping stock market and economic difficulties make this a challenging time for investors looking for the best place to put their money. No consensus emerged among the nearly 1,700 financial planners and fund managers attending the annual Morningstar Investment Conference. But many floated ideas for good buys and strategies in this difficult environment. Several professionals offered up their single best investment ideas:
According to Josh Peters, equity income strategist for Morningstar: Procter & Gamble (PG) and Abbott Laboratories (ABT) as dividend stocks to hold for the long term. Both have yields of more than 3 percent. "Their stocks haven't moved in years but both their dividends and revenues are moving." Both are businesses that are going to be around and still strong 15 years from now. P&G's rise in product sales is coming from emerging markets countries with good growth prospects. Abbott's top-selling drug, Humira, which is used to treat inflammatory diseases like rheumatoid arthritis, is "not going to fall off the cliff" and the company keeps finding new uses for it.
Source: Daily Journal
Related Articles:
- 12 Dividend Stocks For A Rainy Day
- 9 High-Yield Managed Distribution Policy Funds
- The Elite Dividend Stocks List
- Dividend Stocks Poised To Beat Inflation
- Is It Time To Sell Long-Bonds?
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.