7 money making stocks which you must invest
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Investing in dividend-paying stocks can be a great way to generate passive income and benefit from potential long-term capital appreciation. Below are some well-known stocks that have a strong history of paying dividends, along with considerations for their potential 10-year outlook:
- Johnson & Johnson (JNJ) • Dividend Yield: ~2.7%
• Dividend Growth: JNJ has a long history of increasing dividends, making it a Dividend Aristocrat.
• 10-Year Outlook: As a stable healthcare company, JNJ is likely to continue growing its dividend. Over 10 years, assuming moderate growth and reinvested dividends, JNJ’s stock price could appreciate by 60-100%, reaching potentially $250-$300 per share from its current price (around $170-$180 as of 2024). - Procter & Gamble (PG) • Dividend Yield: ~2.4%
• Dividend Growth: PG is another Dividend Aristocrat with a strong history of dividend growth.
• 10-Year Outlook: With its strong consumer brands, PG is expected to continue performing well. Over the next 10 years, the stock could potentially appreciate by 50-80%, possibly reaching $220-$260 per share from its current price (around $150-$160 as of 2024). - Coca-Cola (KO) • Dividend Yield: ~3.1%
• Dividend Growth: KO is known for its consistent dividend payments and slow but steady dividend growth.
• 10-Year Outlook: Given Coca-Cola’s global brand and consistent revenue streams, its stock could see a 40-70% appreciation over 10 years, potentially reaching $85-$100 per share from its current price (around $60-$65 as of 2024). - Realty Income Corporation (O) • Dividend Yield: ~5.5%
• Dividend Growth: Known as “The Monthly Dividend Company,” Realty Income has a strong track record of paying and increasing dividends.
• 10-Year Outlook: Given the steady demand for commercial real estate and its diversified portfolio, Realty Income could see a 40-80% appreciation over the next 10 years, potentially reaching $85-$110 per share from its current price (around $60-$65 as of 2024). - PepsiCo (PEP) • Dividend Yield: ~2.7%
• Dividend Growth: PepsiCo has a long history of increasing dividends, making it a reliable income stock.
• 10-Year Outlook: With its strong portfolio of brands, PEP is expected to continue growing steadily. Over 10 years, the stock could potentially appreciate by 60-90%, possibly reaching $240-$280 per share from its current price (around $160-$170 as of 2024). - ExxonMobil (XOM) • Dividend Yield: ~3.5%
• Dividend Growth: ExxonMobil has a history of paying solid dividends, even in challenging market conditions.
• 10-Year Outlook: Assuming stable or increasing oil prices and continued global demand for energy, XOM’s stock could appreciate by 50-100% over 10 years, potentially reaching $160-$200 per share from its current price (around $105-$110 as of 2024). - AbbVie Inc. (ABBV) • Dividend Yield: ~4.1%
• Dividend Growth: AbbVie has been increasing its dividends at a strong pace, benefiting from its robust pharmaceutical pipeline.
• 10-Year Outlook: Given the expected growth in healthcare and AbbVie’s leading drugs, its stock could appreciate by 80-120% over 10 years, potentially reaching $230-$280 per share from its current price (around $125-$130 as of 2024).
Anticipated Price in 10 Years
The anticipated price of these stocks in 10 years is based on historical performance, dividend growth, and broader market conditions. However, these projections are estimates and should be treated as part of a diversified portfolio strategy.
Key Considerations:•
Dividend Reinvestment:
Reinvesting dividends can significantly enhance returns over the long term.
Economic Conditions: Stock performance will depend on broader economic conditions, interest rates, and sector-specific trends.
Company Performance: Continued innovation, management effectiveness, and market leadership will influence long-term stock performance.
Before making any investment, it’s essential to do thorough research or consult with a financial advisor to tailor the investment strategy to your financial goals and risk tolerance.
