3 Top Tech Stocks for Long-Term Growth and Income
Here's why Microsoft, Texas Instruments, and Broadcom look built for long-term returns.
Overview
Artificial intelligence (AI) is fueling meaningful growth for Microsoft (NASDAQ: MSFT), Texas Instruments (NASDAQ: TXN), and Broadcom (NASDAQ: AVGO). Each is a leader in its respective software, semiconductor, and networking markets, and all three have excellent records of paying and growing dividends. That combination can reward patient shareholders with long-term capital appreciation and steadily rising income.
Image source: Getty Images.
Microsoft has raised its dividend for more than 20 consecutive years. With a quarterly payout of $0.91, the stock offers a forward yield of about 0.9% -- modest, but fully supported by earnings and recurring revenue from cloud and subscription software.
Details
Source
Originally published at www.fool.com.
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