These “19th-Century” Dividends Will Roll in 2025 (and Beyond)
July 09, 2024 at 05:00 AM EDT
Railroad stocks are set to roll and we’re going to climb aboard with two stocks—including one that’s hiked payouts by 50% in five years—we’ll delve into in a sec. What’s driving this opportunity? Our usual contrarian mix of overlooked growth and stocks that have been tossed overboard, of course! Since the days of the Wild West, railroads have been the backbone of the US economy, so when economic growth gets out of sync with railroad stocks’ prices—as is happening right now—we need to take notice. As I write this, the US economy is still in growth mode and shoppers are still spending.… Read more