3 Dividend Stocks That Had a Record Year and Are Just Getting Started
It shouldn't come as a surprise that with markets trading near all-time highs, there are well-known large cap companies also priced at, or near, record levels. But investors should realize it doesn't have to be just high-flying growth names that are hitting records.
One can build wealth with a core base of slow and steady growers that also provide income through dividends. Three such stocks are beverage and snack maker PepsiCo (NASDAQ: PEP), home improvement retailer Home Depot (NYSE: HD), and leading steel and steel products company Nucor (NYSE: NUE). These stocks have reached all-time highs this year because the underlying businesses are making record earnings. With solid plans to continue that momentum, investors that include them in their portfolios should expect more to come.
Image source: Getty Images.
Source Fool.com