3 Reasons to Buy This Red-Hot Dividend King
Long-term investing can be as simple as buying blue-chip dividend stocks at fair or discounted valuations. Doing so can produce a consistently growing stream of passive income, and gradually increase an investor's wealth over time.
The auto and industrial replacement parts stock Genuine Parts (NYSE: GPC) looks like it could be a buy for investors. Here are three reasons why.
In late April, Genuine Parts recorded strong results for its first quarter ended March 31. The company produced double-digit growth in its net sales and non-GAAP (adjusted) diluted earnings per share (EPS) growth.
Source Fool.com