By: Dividend Sensei
The 2022 bear market has brought extreme volatility but also amazing buying opportunities in world-class companies.
On June 16th, I bought two world-beater blue-chips when the S&P hit -24.5%, and both are still good to great buys today.
One yields almost 7%, with analysts expecting 9.4% long-term earnings growth, better than even management’s 7% to 9% growth guidance.
This global aristocrat 33% historically undervalued, yields a very safe 6.7%, and could deliver 150% total returns in the next five years, and 16% long-term returns, just as it has since 1985.
The other is arguably the world’s greatest company and the ultimate “wonderful company at a fair price”.
Over the next five years, this hyper-growth blue-chip could potentially double and over the long-term 17% annual returns could help you retire in safety and splendor, just as it has for decades.