ADP - 2 Stocks I'll Be Adding to My Retirement Account in January
2024-01-15 05:15:00 ET
I add money to my retirement account each month. That gives me the cash to increase my existing positions and add new ones to my portfolio. However, since I already own more than 100 stocks, I must have a very high conviction about a new company to bring it into the fold.
ADP (NASDAQ: ADP) and EQT (NYSE: EQT) have become two high-conviction stocks for me. That's why I plan to add them to my retirement portfolio this January. A big factor driving my confidence in their future performance is their ability to pay a growing dividend.
I've refocused the investment strategy of my retirement portfolio over the past few years. I'm concentrating it on stocks that pay a growing dividend. That's because dividend growers have historically delivered the highest average annual total returns:
For further details see:
2 Stocks I'll Be Adding to My Retirement Account in January