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....
Read the full article on Seeking Alpha
For further details see:
5 Dividend Aristocrat Bargains For March