By: Dividend Sensei
The market is starting to wobble as the most popular tech stocks get crushed by fears of rising interest rates. Value is outperforming as it historically does in such conditions.
In the spirit of being “greedy when others are fearful,” I wanted to point out two of my favorite hyper-growth blue-chips to watchlist and be ready to strike in the next market downturn.
These tech world-beaters are modestly overvalued but could become amazing long-term opportunities in the new year.
These companies are expected to grow about 20% over time and deliver about 20% returns, Buffett-like gains from some of the world’s safest and highest quality companies.
Combine these hyper-growth blue-chips with the highest safe yield and you can enjoy 4.7% yield today and 10% to 20% annual income growth in the future.
That’s the recipe for retiring in safety and splendor and how you can prudently profit from the current tech correction.