Are you shopping for a dividend stock you can comfortably buy and hold forever? It's not as easy as it used to be. Yesteryear's stalwart companies aren't guaranteed survivors anymore. The advent of the internet -- and, more recently, artificial intelligence -- is making it easier than ever to compete with **** ans in any industry.
There's one well-known dividend-paying blue chip stock, however, that's still as attractive as it ever was because its competitive moat is as wide today as it's ever been. That's consumer goods behemoth Procter & Gamble (NYSE: PG).
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Even if you don't use any of them (which is unlikely), you know the company's products. Procter & Gamble is the parent company of Tide laundry detergent, Charmin toilet paper, Gillette razors, Crest toothpaste, and more. Several of its goods are either the first- or second-best sellers in their particular product categories.
That's not just due to luck, though, or even the direct result of being around for longer. In fact, the three reasons so many of P&G's brands dominate their respective categories are the same reasons that income-seeking investors can comfortably buy and hold this consumer staples name forever.
#NVIDIA #ever #procter #Dividend
There's one well-known dividend-paying blue chip stock, however, that's still as attractive as it ever was because its competitive moat is as wide today as it's ever been. That's consumer goods behemoth Procter & Gamble (NYSE: PG).
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Even if you don't use any of them (which is unlikely), you know the company's products. Procter & Gamble is the parent company of Tide laundry detergent, Charmin toilet paper, Gillette razors, Crest toothpaste, and more. Several of its goods are either the first- or second-best sellers in their particular product categories.
That's not just due to luck, though, or even the direct result of being around for longer. In fact, the three reasons so many of P&G's brands dominate their respective categories are the same reasons that income-seeking investors can comfortably buy and hold this consumer staples name forever.
#NVIDIA #ever #procter #Dividend
6 days ago
