I uncover a high-quality dividend growth stock that appears to be undervalued each week for 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, when it’s fresh off the press. That way, you readers are given the opportunity to check it out. The content is totally free. I hope you enjoy!
I don’t have cable TV at home.
I do have a connection to the Internet, of course. And I have digital access to my local channels (NBC, ABC, etc.).
So I don’t feel like I’m missing out on anything I need to know.
But this is just one more way in which I live frugally, which has allowed me to routinely save excess capital to invest in high-quality stocks.
The routine I’ve developed whereby I save a very high percentage of my income and regularly invest in wonderful businesses has resulted in a real-life, real-money portfolio now worth more than $300,000.
More importantly, this portfolio is on track to generate more than $11,000 in dividend income over the next 12 months.
Image courtesy of: Stuart Miles at FreeDigitalPhotos.net.
Hi Jason,
Thanks for sharing this article. Between MDT and GILD, which do you think is more undervalued at present? Both are on my watch list once new capital comes available.
Also I remember a few years back you did an article on the best stock pick for the year (I think it was PM if I remember correctly). Would you consider to do another article in the same theme for this year?
Happy New Year!
-Mike
Mike,
Oh, I would definitely say GILD out of the two. Just looking at valuation. GILD is extremely cheap, both in relative and absolute terms. But it lacks that lengthy dividend growth history. And it’s fairly concentrated in terms of its business. So one has to be careful there.
I don’t have any plans to pick a stock like that this year. If I’m not mistaken, I did that as part of a group exercise. There were a bunch of bloggers that were picking a “stock of the year”. I actually didn’t want to participate because I think that’s awfully short term in nature. But I just decided to go along with things. I don’t really follow any of those blogs at all anymore, so I see no reason to participate. I’m sure they’ll all get together and do something similar, though.
Thanks for stopping by!
Best regards.