CP:CC - A New Portfolio Addition! I Just Bought These 2 Dividend Growers
2024-06-03 07:30:00 ET
Summary
- I recently added two stocks (one new addition) to my dividend growth portfolio, bringing the total to 21 stocks in 12 different industries.
- The S&P 500 is currently trading at a high valuation, which makes finding undervalued stocks challenging. It's also supported by a small number of stocks, indicating a lack of breadth.
- I bought two transportation companies, with one of them being the leader in a highly fragmented industry with a lot of long-term growth potential.
Introduction
I have been looking forward to writing this article, as I get to present two stocks that I recently spent a considerable amount of capital on - one of them is a new addition to what is now a 21-stock dividend growth portfolio!
As most of my readers may know, I don't invest on a regular basis. In general, my transaction count is very low.
While it makes sense for most investors to put a set amount into well-diversified ETFs on a regular basis (i.e., $500 a month), I am applying a more active approach....
A New Portfolio Addition! I Just Bought These 2 Dividend Growers