The railroad industry is one of the oldest industries in the world, and it is one of those that have proven to be integral to global economic development. For businesses and economies to thrive, companies must be able to ship their goods over large distances, and the train has been used for this purpose before trucks came into play.
Railroads have several advantages over truckloads, as they can often carry more containers through double stacking, have shorter and consistent lead times, are environmentally friendly, and can carry more loads. Their importance to the economy is evident by the fact that in the early history of the United States, one of the first developments which took place was the connection of the Eastern and Western coasts of the country through rail. This led businesses to access larger markets and increase their revenue and customers.
Millions of baby boomers had a choice when the pandemic began: learn an entirely new way of working (from home) or pull the pin and retire earlier than they may have planned. As a result, just over half of Americans age 55 or older are out of the workforce due to retirement, and over the past two years, the growth rate of new baby boomer retirees has been over three times higher than before the pandemic.
These six high-tech stocks are too cheap to ignore. The growth rates, low price-earnings multiples, and high yields make them attractive value and growth stocks simultaneously.
Moreover, each of these tech stocks pays a solid dividend, has positive excess free cash flow (FCF), and most of them have share buyback programs. The latter helps increase the earnings per share (EPS) and the dividend per share (DPS), as well as helps push the stocks higher.
With the market in free fall and dividend yields on the rise, this is a beautiful moment to buy high-yielding stocks. If you can locate the right company to invest in now, you'll be able to make a significant profit in the future when the current instability is a distant memory.
In this line, three equities are particularly appealing right now due to their evergreen business models, solid financial performance, and steadily increasing dividend payouts. In the last 12 months, all three of these stocks have beaten the market, and they have a history of increasing their dividends over time, particularly recently.
You are receiving this message because you are subscribed to Never Too Late Investor. You can view our policies, terms & conditions by visiting investinglate.com If you would not like to receive this publication feel free to unsubscribe
