19.12.2024 10:30:00
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If I Could Only Buy and Hold a Single Stock Today, This Would Be It
I don't trade very often, and every single time I buy stock, I go in with the idea that I'm going to own it forever. I recently bought PepsiCo (NASDAQ: PEP) and it has traits that suggest it is a buy-and-hold stock. While I wouldn't recommend buying only a single stock -- it's wise to diversify -- PepsiCo would be a good starting point for just about any investor. Here's what you need to know.I tend to focus on historically well-run companies that have fallen on hard times, which are often called "fallen angels." There are no specific criteria, but I like to look for companies that have increased their dividends annually for a very long time. From that list, I single out companies that have historically high dividend yields.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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