Tag: Magnificent

3 Magnificent Stocks That Are Passive Income Machines

There are many dividend stocks on the market. Some will eventually cut or suspend their payouts due to company-specific, economic, or broader market issues. Those aren’t the kind of dividend stocks that investors will want to own. Instead, income-seekers should try to find corporations with excellent underlying businesses that are likely to maintain their dividend […]

Forget the S&P 500 — Buy This Magnificent ETF Instead

It’s no surprise that most investors look at the S&P 500 when trying to assess how the stock market has performed over a certain period of time. This index of the 500 largest and most profitable U.S. companies has many popular exchange-traded funds (ETFs) that track its performance. The S&P 500 has produced a 235% […]

This Magnificent Nasdaq Growth Stock Is Down More Than 40% and Trading at a Once-in-a-Decade Valuation. If It Gets This 1 Thing Right, the Stock Could Soar.

Those who put $10,000 in the initial public offering (IPO) of coffee company Starbucks (NASDAQ: SBUX) more than 30 years ago are millionaires today. In short, this has been an absolutely magnificent Nasdaq growth stock. However, this magnificent growth stock is now down more than 40% from its all-time high in 2021, which is one […]

3 Magnificent Dividend Stocks Down Between 19% and 28% to Buy Now and Hold Forever

Down between 19% and 28% from their all-time highs, dividend growth stocks Unilever (NYSE: UL), The Hershey Company (NYSE: HSY), and Lamb Weston (NYSE: LW) currently trade near once-in-a-decade valuations. These magnificent stocks have five-year betas well below 1, making these discounted prices even more alluring for investors. Betas measure a company’s share price volatility […]

Forget Energy Transfer; Buy This Magnificent High-Yield Stock Instead

If all you consider is yield, then Energy Transfer (NYSE: ET) and its roughly 8% distribution yield will handily beat out Enterprise Products Partners (NYSE: EPD) and its 7.3% yield. But there’s so much more to an investment than just yield, and in this situation, most income investors will probably feel much better owning the […]

1 Magnificent Dividend Stock Down 25% to Buy and Hold Forever

Agree Realty (NYSE: ADC) has become a magnificent dividend stock over the past decade. The real estate investment trust (REIT) has grown its dividend at a 5.6% compound annual rate during that period. It also switched from making quarterly dividend payments to a monthly schedule, increasing its attractiveness to those seeking a recurring income stream. […]