
3 Reasons This Fast Growing Tech Blue-Chip Is A Must Own Dividend Stock
Posted On March 28, 2019 10:39 am
By: Dividend Sensei
By: Dividend Sensei
This industry-leading blue-chip has a near perfect combination of quality management, strong growth runway, and safe and generous dividends that will likely earn investors 15+% long-term total returns.
Summary
- I’m a huge fan of Broadcom, one of my favorite high-yield tech dividend blue-chips.
- That’s because its quality management team is a master of sustaining strong growth through strategic M&A, resulting in some of the industry’s most impressive dividend growth.
- Broadcom is a 10/11 SWAN stock on my new Sensei Quality Score, which I use to rank every company on my watchlists.
- From today’s price (1% to 10% undervalued), Broadcom could deliver about 17% to 19% CAGR long-term total returns, more than double that of the S&P 500.
- Investors need to be aware that a recession and bear market is possible next year, which could result in a big short-term decline.
Photo: “Number 3” by Studio Mohawk is licensed under CC BY
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