Every Sunday, I uncover a high-quality dividend growth stock that appears to be undervalued. These pieces are published at Daily Trade Alert, which is a site that focuses on dividend growth investing, stocks, and unique investment opportunities. I’ve been writing for them for years now, and they’re just great over there. Each week, I publish an excerpt of my work here, when it’s fresh off the press. This is your opportunity to check it out. The content is totally free. I hope you enjoy!
I want to ask you a simple question.
What if you could double your money every seven years?
I imagine that would probably be pretty interesting to you.
It should be interesting, since it could make you incredibly wealthy over time.
Well, it’s not just interesting; it’s actually a very realistic possibility.
Image courtesy of: Stuart Miles at FreeDigitalPhotos.net.
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Makes me feel good seeing this as I just added to my position on Friday. High quality company and good yield. Hard to find much value these days, so happy I got this chance.
Presone,
I don’t see how you go wrong with Amgen here, assuming you’re holding for the long run. A wonderful business available at a very attractive price. 🙂
Cheers!
I picked up a few shares last year so I’m very glad to see AMGN here.
My parent used to have a small Thai restaurant near Amgen HQ in the 80s. Many of their employees came to have lunch with us. They kept telling us to buy Amgen stock, but my dad didn’t know anything about stock back then. That’s too bad because Amgen did so well since then. Oh well, live and learn.
Joe,
It’s a wonderful business. I’m happy to be a fellow shareholder. 🙂
Yeah, that is a shame. I recall reading somewhere that this was the best-performing stock over some extremely lengthy period of time. Maybe over 30 years or something? Anyway, it’s been a phenomenal long-term investment. Starting from a higher base here, obviously, but the sky’s the limit.
Best wishes!
I have owned this stock in the past, for the reasons you cited. I hadn’t looked at it in a while, and was surprised where it is trading. Wonder why its gotten clobbered lately? Could be a good re-entry point.
envision,
I think a lot of healthcare names have been weak lately due to some rhetoric regarding regulation and nationalization. That’s in terms of their stock prices, not necessarily their businesses. Either way, Amgen’s business is positioned to do very well over the long run.
Best regards.