CA - Forced To Choose 3: My All-Star Dividend Stocks For 2024 And Beyond

2024-06-12 07:30:00 ET

Summary

• In this article, I address a reader's request to identify my top three high-conviction stock picks from my 2024 articles.
• I discuss the importance of selecting stocks with consistent dividend growth, healthy balance sheets, and secular growth, which is crucial in a market facing prolonged high inflation and interest rates.
• Ultimately, I emphasize my concentrated portfolio strategy, ensuring that even my top three picks align with my long-term investment outlook and provide robust returns despite market challenges.

Introduction

I am very lucky to have a fantastic reader base. I don't even know how much time I spend each day in the comment section discussing trade ideas, macroeconomic developments, politics, and other issues.

So, before I continue, I have to thank everyone again for their engagement!

With that said, among the many requests that I get each week, one truly stood out, as it literally took me multiple days to figure out how to respond to this.

I added emphasis to the quote below.

U write extensively and the write ups on various stocks are highly appreciated - but given the proliferation of articles, it is difficult to be confident what would truly be what would be 1st Choice high convictions buys at the time of the articles, apart from perhaps a recent write up on CME . Am interested to know were u to looking to invest today in a stock outside of the Mag 7 - say USD 100,000 representing say 5% of your portfolio what would be say 3 picks from all your 2024 articles , what your choices would be, at today's price levels - Comment (24/06/08)

It's a very valid comment, as I indeed cover a wide variety of companies. This may make it difficult to find my favorites, especially because I keep a concentrated portfolio of just 21 stocks....

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