02-15-2021, 09:07 PM
(02-15-2021, 08:36 PM)ken-do-nim Wrote: So far, the very best dividend growth stock I can find is BroadCom (AVGO). From a growth perspective it blows even JNJ out of the water (over 3x price increase in the last 5 years) and even with the sky high price the dividend is still 2.96%. It was a considerably higher percentage the last time I looked but the price keeps heading northwards.JNJ is one of the biggest DGI winners from my generation. That's where you park your boring money now.
(it is also undoubtedly the main reason my 3x fund SOXL is amazing)
AVGO should be a winner for the next decade and will be one of my core holdings. I think we'll be even happier if we save some dry powder to add on a pullback. The market is hot and so is the sector. I'm not expecting a big pullback for AVGO anytime soon.