More on dividend growth investing -> Join our market newsletter!
In today's episode, Greg dives into a practical application of our dividend growth strategy by discussing a recent buy, a watch, and a sell.
He starts the episode with Hershey (HSY), exploring why this classic chocolate maker made it into our portfolio despite soaring cocoa prices. Although it may sound like a boring name, companies like this can generate outsized long-term returns.
For the watch candidate, Greg turns his attention to CVS Health (CVS). Despite its financial strength and attractive valuation, he discusses CVS's coming headwinds. Sometimes when there is a lot of negative sentiment surrounding a company, there is potential to make a lot of money.
Lastly, Greg explains his decision to trim our position in Emerson Electric (EMR). Even though it is a long-time dividend growth stalwart and has seen strong price performance recently, it no longer meets our dividend growth criteria.
Disclaimer: Past performance does not guarantee future results. This episode is for educational purposes only and is not investment advice.
If you enjoy the show, we'd greatly appreciate it if you subscribe and leave a review
RESOURCES:
Schedule a meeting with us -> Financial Planning & Portfolio Management
Getting into the weeds -> DCM Investment Reports & Models
Visit our website to learn more about our investment strategy and wealth management services.
