1 Top Dividend Stock to Buy Now
Based on the tech-heavy Nasdaq Composite's 29% year-to-date gain, tech stocks seem to be getting all of the love this year. On the flip side, however, many great non-tech stocks have been flying under the radar. This means investors who are willing to look where many aren't may be finding some of the best ideas in the market.
One investment idea that can't seem to gain momentum this year but arguably deserves it is rural-lifestyle retailer Tractor Supply (NASDAQ: TSCO). Shares of the stock have declined about 2% year to date, despite the Nasdaq's huge rise and the S 500's 14% gain during this same period.
The fast-growing retailer's stock is trading at a reasonable valuation, despite the company's impressive sales growth, consistent execution of its expansion plans, and great dividend. Let's take a closer look.
Source Fool.com
