3 Wonderful Blue-Chips You Can Safely Buy With The Market At Record Highs

Sep. 09, 2021 12:06 AM ET, , , 20 Comments

Summary

  • The market keeps grinding higher, and stocks are now 31% historically overvalued. A market downturn is inevitable.
  • But that doesn't mean world-class blue-chips can't be safely purchased if you have the right watchlist and tools. 33% of the DK 500 Master List is reasonably priced.
  • There are 23 100% A+ exceptional investment ideas that represent as close to perfect investments as you can make in today's market.
  • AMGN, PRG, and BNS are all 100% A+ exceptional long-term investments that combine world-class quality, safety, dependability, and good to great growth prospects.
  • These companies are in the top 23% of the world's highest quality corporations, are 11% to 14% undervalued, and analysts and management expect them to deliver 11.4% to 20.1% CAGR long-term total returns, compared to 9.9% CAGR for the S&P 500.
  • This idea was discussed in more depth with members of my private investing community, The Dividend Kings. Learn More »

Money Pile $100 dollar bills
Kativ/E+ via Getty Images

The S&P has posted 53 record highs so far this year, putting it potentially on track to surpass 1995's 77 record closes.

The market just had a 3% rally in August, the Nasdaq 4%. Stocks are now up

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This article was written by

115.74K Followers

Dividend Sensei (Adam Galas) is an Army veteran and stock analyst with 20+ years of market experience.

He is a founding author of the investing group The Dividend Kings which focuses on helping investors safeguard and grow their money in all market conditions through the highest-quality dividend investments. Dividend Sensei and the team of analysts (Brad Thomas, Justin Law, Nicholas Ward, Chuck Carnevale, and Sebastian Wolf) help members invest more intelligently in dividend stocks. Features include: 13 model portfolios, buy ideas, company research reports, and a thriving chat community for readers looking to learn how to invest more intelligently in dividend stocks. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMGN, BNS, PRG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Dividend Kings owns AMGN, BNS, and PRG in our portfolios.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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SymbolLast Price% Chg
AMGN--
Amgen Inc.
BNS--
The Bank of Nova Scotia
PRG--
PROG Holdings, Inc.
BNS:CA--
The Bank of Nova Scotia

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