3 Boring Dividend Stocks I'd Buy Instead of SpaceX Any Day
Boring is a great adjective for the kinds of dividend stocks you want to own.
3 Boring Dividend Stocks I'd Buy Instead of SpaceX Any Day
Overview
While the SpaceX initial public offering (IPO) is firing up the market, I'll be sitting this one out. I like a top growth stock with a great story as much as anyone else, but the math here doesn't add up for me. The stock is astronomically expensive, the financials aren't compelling, and IPO stocks as a class aren't usually a great investment.
If I were looking for a great stock to buy right now, I'd be looking at sturdy dividend stocks that offer safety in an increasingly expensive market rather than hype.
Details
Three I'd start with are Realty Income (NYSE: O), Home Depot (NYSE: HD), and American Express (NYSE: AXP).
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
