3 Reasons To Love Apple But Buy These 6 Better Blue-Chip Bargains Today

3 Reasons To Love Apple But Buy These 6 Better Blue-Chip Bargains Today

Posted On August 1, 2022 3:03 am

Apple is one of the most beloved companies on Wall Street, thanks to its world-class quality, fortress balance sheet, and legendary profitability.

Apple is expected to generate $665 billion in free cash flow over the next six years, on almost $3 trillion in sales, and spend $452 billion on growth.

Even after spending $90 billion on buybacks this year alone, Apple is expected to finish 2027 with $664 billion in cash. Apple isn’t a company, it’s a nation unto itself.

Over the long term, analysts expect about 11% long-term returns. Today Apple is 33% historically overvalued pricing in five years’ worth of growth, with literally zero fundamentally justified upside over the next five years.

Here are six blue-chip dividend growth alternatives to Apple. Each one has equal or better safety, quality, and dependability. They yield 3X as much as Apple, are growing 50% faster, and offer 55% higher long-term return potential.

They are 17% undervalued, strong buys, and over the next three to five years, offer 17% annual return potential and 19X the risk-adjusted expected returns of Apple.

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About author

Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I'm a proud co-founder of Wide Moat Research, Dividend Kings, and the Intelligent Dividend Investor. My work can be found on Seeking Alpha, Dividend Kings, iREIT, and the Intelligent Dividend Investor. My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams and enrich their lives. With 24 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams and achieving long-term financial goals.

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