RMD - 2 Monster Stocks to Buy Without Any Hesitation
2023-11-07 05:05:00 ET
While the phrase "monster stocks" might generally have investors thinking of Tesla , Apple , or similar behemoths, the two businesses discussed in this article are sneakily monstrous.
First, consumer health juggernaut Kenvue (NYSE: KVUE) produces and markets seven No. 1 global brands. And in less than a year since its spinoff from an actual monster stock, Johnson & Johnson , its dividend yield has ballooned to 4.2%.
Meanwhile, ResMed (NYSE: RMD) , a leader in continuous positive airway pressure (CPAP) machines, has delivered enormous total returns of over 24,000% since its initial public offering (IPO) in 1995.
For further details see:
2 Monster Stocks to Buy Without Any Hesitation