Want Passive Income Forever? Buy These 2 Magnificent Stocks Now
Many investors actively seek dividend stocks, and who can blame them? Nothing beats making money while you sleep. But when investing in dividend-paying companies, there is always the risk that these corporations will reduce or suspend their payouts altogether. Choosing the right dividend stocks is arguably the best way to avoid this risk: Not all dividend stocks are created equal.
With that said, let's turn our attention to two companies that are practically passive income machines and will likely continue rewarding shareholders with payout increases for a long time: Johnson Johnson (NYSE: JNJ) and (NASDAQ: AAPL).
Johnson Johnson has a history that dates back more than 100 years. Most businesses struggle to survive a decade, so this feat is highly impressive. It's because J offers goods that are always in high demand. It is a leading pharmaceutical company with a diversified portfolio of medicines spanning several therapeutic areas, from infectious diseases to oncology, immunology, neuroscience, and more.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 149 Buy predictions and 17 Sell predictions.
As a result the target price of 224 € shows a slightly positive potential of 12.45% compared to the current price of 199.2 € for Apple Inc..
