December 1, 2022

Investing in These Stocks Now Could Make You a Millionaire Retiree | Smart Change: Personal Finance

Texas Instruments has increased its dividend for 16 consecutive years, showcasing a decent commitment to rewarding shareholders for the risks they take by investing. Analysts are expecting it to be able to continue to grow its earnings by around 10% annualized over the next five years, which gives decent reason to believe that dividend growth can continue as well.

An integrated circuit company well known for its calculators, Texas Instruments has product lines that cross industries as diverse as education, industrial, automotive, and communications. That broad reach means that its fortunes aren’t tied to one particular customer or product line, which also helps provide reason to believe its operations can be sustained virtually no matter what comes next.

Good businesses today with a decent path to tomorrow

Although Aetna, PRA Group, and Texas Instruments all operate in very different industries, they all have solid businesses today and decent paths to potential growth in the future. That combination makes them worthy of consideration as part of a portfolio designed to help you get to millionaire status by the time you retire.

10 stocks we like better than Texas Instruments

When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

Source Article

Exit mobile version