SPGP: A Great Dividend ETF Bargain For Today's Economy

Summary

• The Invesco S&P 500 GARP ETF is a potentially excellent buy for today's economy, offering a combination of value, quality, and growth.
• The ETF's strategy is methodical and has delivered strong historical returns, outperforming value stocks and the S&P 500.
• The economy is improving, with retail sales and job market indicators pointing toward stronger growth, possibly 3%-plus.
• Higher for longer rates are not a threat to quality companies with strong growth and low valuations.
• SPGP's portfolio has 13.5% long-term growth rates, trades at 8.6X cash-adjusted earnings, and a PEG of 0.64, which is 50% less than the S&P. 15% historical returns are a result of a strategy validated by decades of market research.
• I do much more than just articles at The Dividend Kings: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

fotografstockholm

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