A Proven Plan For 600%+ Dividend Growth

A Proven Plan For 600%+ Dividend Growth

Stocks are floating higher and interest rates are spiking. The US recovery is still fragile. Even so, people are being vaccinated fast and the global economy is a coiled spring. Should we take advantage of the current pullback to secure more dividend for our dollar now, while we still can? In a pricey market like this one, it pays to go with dividend-growth stocks showing what I call "relative strength." Relative strength means strong stocks tend to stay strong, giving them a solid base from which to jump. Forget the bargain bin“”we're not looking for low P/E ratios here (these days, you won't find many anyway!)“”just stocks with momentum. Everybody loves betting on a long shot, but the trouble is, these underdogs simply don't come in enough to pay. We like strong stocks, smart management and megatrends. But everybody wants those, so where do we find our edge? In two places: A. O. Smith (AOS) is a prime example of a stock that nearly everyone has misread. Most people see the Milwaukee-based seller of water heaters as too boring to bother with. In the early months of the pandemic, the investors who did give it a look worried that its