Published Mon, 02 Mar 2020 10:29:36 -0500 on Seeking Alpha
We're now officially in a correction with the S&P 500 down 12% in six consecutive days of losses.
Prudent long-term investors have the opportunity to cash in on some truly amazing deals.
AVGO, PII, WAB, MSM, and EXPE are great fast-growing dividend blue chips to consider that could deliver about 20% CAGR total returns over the next five years.
AVGO, PII, ABBV, AAN, EOG, C, and AEL are blue chip deep value stocks trading at an average PE of 8.2, a PEG ratio of 0.64 and have about 24% CAGR long-term total return potential.
Just remember to always use proper risk management for your needs, including a reasonable asset allocation between stocks/bonds and cash. A sleep well at night portfolio is key to avoiding panic selling and profiting from the panic of others.
There's nothing I love more than pointing out quality stocks whose prices are completely disconnected from strong fundamentals.
On Thursday, the S&P 500 was down 4.4% at one point, representing an 11% or so decline from its February 19th record-high. The market has now fallen for seven consecutive days.
I just did an article highlighting The 7 Safest High-Yield Blue Chips To Buy In This Volatile Market. Those are quality companies with
little revenue exposure to China (most none at all) defensive (recession-resistant) business models historically low volatility (less than Dividend Aristocrats) safe balance sheets (average credit rating A-) high-quality (82nd industry percentile returns on capital) For anyone who can't enjoy market corrections as I can, those seven stocks represent great POTENTIAL buying ideas.
Bonds, Cash & Stocks During COVID-19 Correction
Of course, that does NOT mean that "safe" = "won't fall in a downturn".
No sector has been spared the market pain, not utilities (down 11.4%), aristocrats (-11.4%) nor any other defensive "bond alternative" sector like consumer staples or REITs.
Actual bonds or cash equivalents... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|MSC INDUSTRIAL DIRECT||71.99||13.6||5.30||3.00||4.18|
|AMERICAN EQUITY INVESTMENT LIFE HOLDING||24.23||10.5||2.31||0.28||1.20|
Older articles featuring Abbvie (ABBV):Dividend Investors: These 5 Aristocrats Are Trading At Historic Discounts
Dividend Aristocrat Performance: March 2020
Insiders Are Buying These Beaten Down Dividend Stocks
The 64 Dividend Aristocrats Ranked By Quality Score
February 2020 Dividend Portfolio Update
Nicholas Ward's Dividend Growth Portfolio: February 2020 Update
Bert's February Dividend Income Summary
Dividend Aristocrat Consumer Defensive Sector Yield Is Tops Of 64 For March
My Dividend Growth Portfolio February Update: 48 Holdings, 22 Buys, 4.27% Yield, Down 45k
5%+ Dividend Yield Portfolio: Winning In A Tough Market (Feb 2020 Review)