T. Rowe Price: Short-Term Headwinds But Huge Long-Term Upside

Summary

  • T. Rowe Price is a great position to own for dividend growth investors. The company has increased the dividend for 36 years and counting.
  • The company is largely tied to the stock market performance, so with the great markets in a bear market, TROW has been under pressure.
  • Short-term headwinds in the market will keep the stock lower, but long-term-minded investors could use the opportunity to accumulate more shares on any pullback.
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Marina_Skoropadskaya

Owning high-quality dividend growth stocks is a great strategy for long-term minded investors with a long time horizon. The ability to put your money to work and allow compounding to take place is an underutilized and underappreciated strategy.

As

This article was written by

10.32K Followers

Mark Roussin is an active Certified Public Accountant (CPA) in the state of California. Mark has worked as a CPA, serving both public and private Real Estate corporations for over 10 years. Today, he provides his followers insights to both undervalued dividend stocks mixed with high-growth opportunities with a goal of them reaching financial freedom in the long-term. Mark tends to invest primarily in dividend stocks with a strong emphasis on Real Estate Investment Trusts (REITs).

Mark has partnered with iREIT®+HOYA Capital, one of Seeking Alpha's top investing groups for income-minded investors, providing daily in-depth REIT research. The service boasts a community of like minded investors and offers access to iREIT's various portfolios that can be tracked in real-time. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of TROW 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.

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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