Remember the General Motors’ ad campaign “This isn’t your Dad’s Oldsmobile”? The Oldsmobile came to considered stodgy and, well, old; this was the car your dad drove. The same goes for certain stocks that many investors now consider as has-beens. But some of these old-timers are definitely worth a closer look. They’re the same companies that were sought after most of the 20th century for their reliable growth and dividend streams.
Having survived the 2008 financial crisis, some of these same names have reinstated their dividends or are building them back up to prior levels. And they have a renewed focus on growth. Below are two iconic American names that are re-inventing themselves and are still relatively low priced, with solid and growing dividends: General Electric (NYSE: GE) and Ford (NYSE: F).
Source: Wealth Daily
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