2 Top Dividend Stocks to Buy With $1,000
It doesn't take a huge sum of money to get started in the stock market. Many investors even like to build up their positions over time -- for example, by buying in thirds. That way you can spread out your purchases and minimize the risk of buying at a market top.
Dividend stocks are excellent candidates for a starter position of $1,000 or less. They tend to be stable businesses that can grow earnings through a wide range of selling environments. And you'll immediately benefit from the income that arrives through those steady quarterly payouts. Elect to have those dividends automatically reinvested, meanwhile, and you can amplify your returns by accumulating more shares over the years.
Home Depot (NYSE: HD) and (NYSE: WMT) are great options for fans of passive income who are looking to put some cash to work in the stock market right now. Let's look at some excellent reasons to buy these top dividend giants.
Source Fool.com
Walmart Inc. Stock
With 82 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
As a result the target price of 74 € shows a slightly positive potential of 15.14% compared to the current price of 64.27 € for Walmart Inc..
