NFG - 5 Dividend Aristocrat Bargains For March

2024-03-09 07:00:00 ET

Summary

• The stock market has been on a winning streak, with the S&P up 17 of the last 19 weeks. This hasn't happened since 1964.
• Stocks at record highs historically deliver great returns, with an average 12-month gain of 13%.
• Dividend aristocrats are a smart investment choice for anyone worried about putting new money to work now. They offer higher profitability and long-term income growth.
• Here are five dividend aristocrats' bargains for March: The highest yielding, the fastest growing, the most undervalued, the lowest PEG ratio, and the one with the highest 12-month fundamentally justified return potential.
• Even during the worst stock market bubble in history, there were many attractive high-yield opportunities, and today that is even more true. These five aristocrats average a 4% yield, are 20% undervalued, have a 46-year dividend growth streak, and offer the potential for 40% gains in the next year alone.

The stock market has been on a winning streak lately. Seventeen gains in 19 weeks, a record that has not been reached since 1964.

Plenty of investors are understandably worried about a correction coming soon. They think we're overdue for a market tumble, and they're correct.

Since World War II and the end of the Great Recession, even in the era of "free money" and Fed stimulus, we've averaged a 5%-plus pullback or correction every six months.

But here's the most important thing all investors need to know.

Even At Record Highs, Stocks Are A Smart Long-Term Bet

A lot of people are uncomfortable with buying stocks near record highs. They fell like suckers, worried that stocks will fall as soon as they buy....

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