By: Dividend Sensei
100 baggers are companies that appreciate 100X in value and are the ultimate rich retirement dream stocks.
But achieving such life-changing returns is as simple as “buying right and holding on.”
This hyper-growth dividend blue chip is one of the highest quality and best-managed chip makers in the world. Its profitability has been improving for a decade and analysts expect margins to keep rising.
Future M&A is what analysts think can deliver 18.5% CAGR growth while management is guiding for “10+% CAGR”. Combined with its safe 3.3% yield means this hyper-growth blue chip has the potential for 13.3% to 21% CAGR returns over time.
In a market full of overvalued tech and speculative manias, this hyper-growth blue-chip represents a potential rich retirement dream stock trading at fair value – one in which I’ve bought about $7,000 worth for my retirement portfolio, and most likely represents Tom Phelps’ “buying right and holding on.”