Riding this Bull Market even higher…
The S&P 500 (SPX) has climbed steadily over the past 10 yrs. And it still has a wide-open path. But you want to pick and choose the stocks you hold.
Readers know I prefer the Aristocrat stock, those that are safe and reliable dividend-paying stocks, as dividend paying stocks outperform during Bull markets.
From Ys 1972 to 2013, a frame that included 7 Bull markets, dividend-paying stocks returned 9.3% annually, according to research, at the same time, non-dividend-paying stocks only returned 2.3%.
High-quality businesses are more likely to have cash left over to pay out dividends.
This longest running Bull market should keep it up well into Y 2020. But the fact is, no 1 can predict the future with certainty. That is why savvy income investors hold safe and reliable dividend-paying stocks… stocks that will hold up no matter what the future brings, The Aristocrats.
Consider adding Cisco Systems, Inc. (NASDAQ:CSCO), the world’s largest supplier of hardware and software for large computer networks, if you do not already own it.
Cisco is a leading maker of “backhaul chips.” These chips are essential to the 5G buildout, which will pull in hundreds of billions in investment over the next 5 years.
Cisco pays a 3.1% dividend yield and a consistently low payout ratio. So it fits nicely in any income investor’s portfolio.
HeffX-LTN’s overall technical outlook for CSCO is Bullish across the board.
Have a terrific New Year Holiday Week