2024-01-26 07:30:00 ET
Summary
- Although there are no guarantees in dividend investing over the long term, Dividend Aristocrats and Dividend Kings are the best bet in my view.
- Genuine Parts' net sales and adjusted diluted EPS revved higher in the third quarter.
- The company possesses a BBB credit rating from S&P on a stable outlook.
- Shares of Genuine Parts appear to be slightly overvalued.
- The stock could outperform the S&P in the next 10 years, but I am waiting for a better entry point before adding.
In recent years, I have added a twist of secular growth to my investing strategy. This can be observed with my purchases of the likes of Amazon (AMZN) and Alphabet (GOOGL) in the last couple of years....
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For further details see:
Genuine Parts: Wait For The Next Buying Opportunity On This Dividend King