High-Quality Dividend Growth Stocks Near 52-Week Lows: Alphabet Is Astounding

DividendRodeo
1.06K Followers
(18min)

Summary

  • A list of high-quality dividend-growth stocks trading near 52-week lows is evaluated based on historical and future fair values.
  • Alphabet's strong financials, attractive historical valuations, and promising future growth make it a compelling investment, despite concerns about AI competition and DOJ scrutiny.
  • Other potentially attractively valued dividend growth stocks include United Parcel Service, Merck, Pfizer, UnitedHealth Group, PepsiCo, Bristol-Myers Squibb, Qualcomm, Elevance Health, A. O. Smith, and Chevron.

Close up sparkling in the evening glow and the moon

MinoruM

Introduction and Background

Well, regardless of political leanings, or feelings about where the economy may be headed, one thing I am very grateful and excited about is that there are now a lot of high-quality dividend growers that are potentially attractively

This article was written by

1.06K Followers
Why DividendRodeo? It's not the wild ride that investing sometimes provides that I'm addicted to, it's that rush that an ever-increasing flow of passive income provides. I do not have a financial background - my background is actually engineering - but I have been a self-directed investor for over 20 years.My investing approach is pretty simple. I believe in prudent living - striving to live an upstanding life of meaning well within my means, prudent working - working hard in my career to maximize value to my employer, and my opportunities for career progression, and prudent investing - investing in high quality instruments at reasonable valuations for the long term.Dividend growth investing fits me very well. I believe I can identify high quality companies at reasonable valuations that I am comfortable holding for the long term. The passive income from the dividends helps me hold through troubled times. Employing automatic dividend reinvestment helps me dollar-cost-average, and the double compounding I get from growth, as well as reinvestment, helps me see the tangible outcome of my efforts.Hang on and enjoy the ride!

Analyst’s Disclosure: I/we have a beneficial long position in the shares of APD, BMY, CVX, ELV, GOOG, LMT, MRK, PEP, PFE, QCOM, UNH, UNP, UPS 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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