Building a Dividend Growth Portfolio? Buy This Unstoppable Dividend Stock
Dividend growth investing is all about buying the best stocks in the world and holding them for the long haul. But how can you tell a great stock apart from a terrible one? Winners tend to have brands that are well-recognized and trusted, which helps sales and profits to grow over time.
Few companies fit these requirements better than the home improvement retailer Home Depot (NYSE: HD). Let's take a look at why the stock is a no-brainer buy for investors building a dividend growth stock portfolio from scratch and those looking to strengthen their existing portfolio.
One year after its founding in 1978, Home Depot's vision of a one-stop shop for do-it-yourselfers (DIY) became a reality. Now with more than one million products available for the DIY customer, professional contractors, and the do-it-for-me customer, Home Depot has more products than you could ever imagine.
Source Fool.com
