2 Best Stocks to Set You Up for Early Retirement
Companies with demonstrable competitive advantages in profitable industries are likely to do well over the long haul. That's part of what makes buying and holding high-quality dividend stocks and reinvesting the dividends a simple yet effective recipe for success as an investor.
Home improvement retailer Home Depot (NYSE: HD) and snack and beverage giant PepsiCo (NASDAQ: PEP) are two wonderful stocks that I believe could position their shareholders for early retirements. Here's why.
In North America especially, home ownership is a source of pride and a symbol of the American dream. This helps explain why the continent boasts a $900 billion home improvement retail market. And Home Depot sits atop this massive industry, ahead of No. 2 Lowe's and privately held Menards.
Source Fool.com
