Should You Buy This Beaten-Down Dividend Aristocrat?
The market has changed directions on investors. Euphoria in early 2021 has turned into a panic after the broader market had one of its roughest starts to a new year on record in 2022. The market doesn't take many prisoners when overall sentiment is negative, which means that most stocks sell off, including blue-chips.
Investment and financial company T. Rowe Price Group (NASDAQ: TROW) has been among the victims, down nearly 30% since 2022 began just a couple of months ago. The stock is a Dividend Aristocrat and a proven winner. If you're looking for a steady wealth generator over the long term, here are three reasons to consider T. Rowe Price.
T. Rowe Price is one of the world's largest investment management companies. It creates and sells various investment products, like mutual funds and exchange-traded funds, while also offering wealth management and advisory services. The company holds more than $1.5 trillion in total assets under management and operates globally.
Source Fool.com
