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2 Stocks For Easy Dividends And Incredible Growth

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What is the easiest way to boost your investment returns? Increase how long you keep your stocks. That is especially the case for dividend stocks. Reinvesting your dividends over a long time period can greatly raise your overall returns.

If you plan to hold them for a long time, though, it means that you should be more selective about which stocks you buy. Here are two dividend stocks you can purchase and keep forever.

Abbott Laboratories

Abbott Laboratories is a Dividend Titan with 49 years in a row of dividend increases. The firm ranks in Fortune’s Top 50 Most Admired American Companies. It has had the No. 1 spot in its sector for the past eight years.

Those are very impressive accolades. However, it is more important that Abbott has the market-leading spot in its businesses. Heart care, diagnostics,  diabetes care, nutrition — and more. Abbott is at the top.

Now, Abbott’s dividend of only 1.4% probably won’t get you excited. But the dividend will very certainly grow given enough time. Even better, Abbott should give stronger earnings and revenue growth that is a precursor to stronger share stock appreciation.

The company’s FreeStyle Libre allows for continuous glucose monitoring and its MitraClip mitral valves serve as crucial growth drivers. Its COVID-19 testing income might decline but will remain an important revenue going forward. Abbott’s drive to innovate will possibly translate to newer products and newer markets over the coming decade and beyond.

Brookfield Renewable

Brookfield Renewable can not claim the track record of dividend increases that Abbott can claim. However, the firm has boosted its dividend by a compound growth rate of 6% over the past two decades. And most investors will possibly like its yield of near to 3%.

There is one thing that Brookfield Renewable has in connection with Abbott, though. Its growth is even better than its dividend.

Almost 130 governments have created net-zero carbon targets. Almost 3,100 businesses have committed to reducing their carbon emissions by 50% by the year 2030. This gives a huge opportunity for Brookfield Renewable, which is one of the world’s top energy providers.

Brookfield Renewable expects to bring in total returns of between 12% and 15% over the long haul. With the increasing demand for renewable energy and its huge development poised to give significantly more capacity, the firm should be in a great position to hit that goal.

Author: Scott Dowdy

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America’s Economy Takes Another Terrifying Nosedive

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Grocery prices are going higher later this year, according the United States’ largest supermarket by sales.

Kroger Co., which recorded $132 billion in sales in 2020, reports inflation is getting hotter than executives previously expected and that they believe prices will rise 2% to 3% over the second part of this year.

Management at Kroger competitor Albertsons Companies Inc. previously showed similar worries that inflation would increase in the second part of the year and that they too would increase some of the costs to pass the burden to consumers. Kroger is “passing these higher costs to the customer where it makes sense,” reported CFO Gary Millerchip in the company’s Q2 earnings call this past Friday.

More increases at the checkout would cause more pressure on American consumers who are already dealing with the largest increase in prices since Aug. 2008.

Inside the consumer price index, the sector for food has gone up six months and is higher 2.6% in 2021.

Half of the basket’s price increase is because of soaring prices for pork, beef and poultry. Beef prices have gone up 14% in 2021 while pork has jumped 12.1%, and poultry is now higher by 6.6%.

Prices were up in five of the six food groups for July, going down only for vegetables and fruits. The category saw prices go down by 0.9% after increasing 0.7% back in June.

The Fed has stated that the price boosts that have happened after the pandemic are “transitory” and that the pressures will go down as America’s supply-chain disruptions are handled.

The Biden White House, however, says problems with the supply-chain caused by coronavirus and greater demand are just partly to blame.

Instead the Biden Administration blames a lack of competition in the meat processing industry.

“Only four conglomerates have power over the majority of the market for all three products, and the data reveals that these firms have been increasing prices while creating record profits during the covid-19 pandemic,” said Brian Deese, the National Economic Council Director, at a media briefing last Wednesday.

Author: Scott Dowdy

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Live Like a King In Retirement With These 2 Stocks

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There are a many ways for Americans to earn wealth. They can put their money under their bed, buy bank CDs or bonds, or buy a home and hope it appreciates at a quicker pace than inflation. But over the long term, no investment possibility has given a better return than stocks.

If you put your money into great companies and allow your investment to continue over the years, or even better decades, stocks have the magical power to make you rich.

Understandably, there is no one definition of being rich. For some folks, that probably means buying a car without caring about the price or buying a boat. For others, “rich” might mean the increased value of giving more time with your family or not worrying about paying your bills.

By the time you hit retirement, these two winning stocks could make you rich.

Berkshire Hathaway

Long-term investments are sometimes boring. And that is the case with Berkshire Hathaway, the large conglomerate that has been controlled and managed by billionaire Warren Buffett since around 1965. In Buffett’s over five decades, he has created more than $500 billion for the company’s shareholders and produced an annual average growth of 20%. In aggregate, we are talking about a return of around 3,400,000% for the Class A shares, taking into account ytd gains.

One of the primary reasons Berkshire is such a great company is its connections to cyclical industries. A lot of the company’s almost $323 billion portfolio is invested in technology, consumer staples and financials. These are industries that do very well when the economy is going on all cylinders.

The other factor to the company’s superior performance is its dividend. While Berkshire does not pay a dividend, many of the companies it is invested in do. All told, my calculation has the company netting about $5.1 billion in income from dividends this year along.

Salesforce

Another winning stock that can aid working Americans to retire wealthy on their own is cloud-based CRM software company Salesforce.com.

In easy terms, consumer-facing businesses make use of CRM software to support their customer relationships and bring in more sales.

Salesforce is the top dog alpha in this sector. In the first part of 2020, IDC reported that practically $0.20 of every $1 spent worldwide on CRMs was Salesforce. The company’s four top competitors don’t even add up to the company’s market share. Translation: The company’s own the industry.

Salesforce’s CEO, Marc Benioff, has also done a great job of growing the company through acquisitions. The purchases of Tableau, MuleSoft and, more recently, Slack, have aided the company in expanding its customer-centric ecosystem and appealing to a bigger portion of small and medium-sized companies.

Author: Blake Ambrose

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2 Stocks To Own In September

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The stock market has been sky-rocketing in 2021, with the S&P 500 delivering 21.5% and the Nasdaq giving up 19.3%. It seems like every part of the market has had great results, which might be great for investors but can also lead to unease about the possibility of things being overvalued.

If you are looking for some stocks to watch for wonderful investment opportunities and for a hint about the overall market direction in general, I believe Zillow Group and Square are two to add to your list to watch. Let’s dive in and find out what makes these two stocks so good for September.

1. Zillow

Zillow is in a number of sectors within the real estate market. The company is a top advertising platform for agents, who use it to find clients seeking homes. It is also now a homebuyer using its Zillow Offers business.

From a macro level, the company’s research gives key indicators on the housing market. For example, current data from the month of July reveals a “typical” property in the U.S. is worth $298,933, which is up 16.7% compared to a year ago and normal rent is up 9.2% to $1,843 a month. This data is changed regularly and depends on data going through Zillow’s system. If its data reveals that the market is still going up, it might be bullish for property values and connected stocks, but if these numbers stagnate, it might be a sign that the real estate market is overheating.

From a stock viewpoint, Zillow did struggle this year. Share prices are lower by 25%, even with the market’s rise, as investors decide about whether or not the company will make a profitable move to buying and selling properties. I believe the business is going in the right direction and can allow investors both good data about the property market and a view about whether or not investors believe it can disrupt the normal real estate industry.

2. Square

Talking about disruption, Square wants to change everything from financing to investing and cryptocurrency. The Square app is a huge digital payments option used by retail shops, food delivery services and many other businesses. Over time, it has also included services such as scheduling, payroll, and even loans. This is the business-sector part of the company, and it continues to win market share as more companies look to accept digital payments.

The Cash App is the firm’s consumer-facing service that gives money transfers to other users of the app, Bitcoin buying and selling, and even stock trading. The app reported 40 million monthly users in June and is adding more services such as direct deposit of paychecks. This might be the way that people bank in the digital world, rather than a normal traditional bank.

Square is changing how financial institutions work. The company might be a huge force in investing and banking, giving services to users that bigger banks simply cannot compete with because they are too slow to adapt or cannot move fast to create new products. And with tens of millions of customers, this is a disruptive company that is definitely one you want to own.

Author: Steven Sinclaire

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Amazon Invades Microsoft With This Surprising Move

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Amazon is expanding its cloud-gaming platform called Luna by increasing its list of games, adding a new cooperative feature called Luna Couch, and developing a family-friendly games center.

Luna, which is now in early access, is free. But for unlimited access the 95 games, you will have to sign up for a Luna+ membership for $5.99. You can also have unlimited access to 30 Ubisoft games through a Ubisoft+ membership for $14.99 every month, though that price will go up to $17.99 a month on September 30 for new members. Think of this as an a la carte gaming service

Powered by Amazon’s AWS platform, Luna allows people to play high-end PC and console games on normally under-powered devices such as smartphones, tablets, and laptops. It also allows players to game on devices that do usually support most top games such as Apple’s Macs.

Amazon is not alone in the cloud gaming sector, though. Google released its Stadia platform, though unlike the Luna platform, you will need to pay for the games you play on the service. You can subscribe to the Ubisoft+ service to get unlimited access to the games, but all of the other games are a separate purchase.

Stadia Pro, which is $9.99 a month, though, gets you a lot of free games, and discounts on games that are note free.

Then there is the top dog in Microsoft’s Xbox Cloud, which allows you access to over 100 games on Android devices, Macs, PCs and iOS devices. Microsoft’s service gives you $14.99 each month as part of its Game Pass Ultimate and includes EA Play access, which gives you games from the publisher’s large library.

Still, Luna is clearly a big push for Amazon, given the plans it has for the service. And with its growing amount of games and new features it could eventually be a formidable competitor for Microsoft.

To bring in as many gamers as possible, Amazon is giving U.S.-based Prime members a seven-day free trial with access to three popular games. “Resident Evil 7: Biohazard,” “Metro Exodus,” and “Katamari Damacy REROLL.”

Author: Blake Ambrose

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2 Stocks Making People Millionaires By 2024

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Packing your investments with quickly growing stocks is important, but it is easy to buy growth stocks that slow down after some quarters. If you want to get wealthy over the coming years and beyond, you will have to find companies that are backed by multiple different trends and abilities that reinforce their value and support their good growth.

Both of the healthcare companies I will discuss below are very successful, and they are also increasing their revenue-making power by creating difficult-to-copy products. While the biggest gains will go to investors who have these innovative companies for years, they are also moving fast enough to make the events between now and the year 2024 very exciting, so find out why.

1. Intuitive Surgical

Intuitive Surgical sells robotic surgery units and business is going great. Even during the economic disruption of the covid pandemic, the company has enlarged its installed systems by around 10% between June of last year and the same time this year. That is a very positive sign for Intuitive’s future, as every robotic system means great future revenue from the maintenance and sale of new tools and accessories. Last year, a stunning 77% of the company’s revenue was recurring.

While its competitors might be starting to get inroads into the industry, investors probably do not need to worry that much. Once hospitals have to spend money and time training their surgeons on a particular surgical system, there is a high cost to going back to a different product, so Intuitive can keep making long-lasting headway even as its few competitors get more established.

2. Align Technology

Align Technology creates invisible, removable teeth straighteners that do essentially the same thing as braces. But their Invisalign-branded products are a lot more aesthetically pleasing than braces, which is not a small ingredient to its success.

By solving this key issue with a formerly old product, Align has found a lot of prospective customers and won a huge market share. Internet searches for dentists that are capable of fitting their patients for Invisalign went up by 82% y/y in the second quarter.

The company is slated to reward its investors by doing an accelerated stock buyback program worth $75 million to hasten its existing buyback program that is spending around $1 billion. This accelerated buyback will be finished by late October, so expect some push upward on the stock between now and then.

Author: Blake Ambrose

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1 AI Stock That Could Double Your Money

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As we see the S&P 500 index at all-time highs, it has become harder to find companies that still have great value.

If you do not already own them, it may feel like you have missed out on the high-growth tech stocks as they keep trending higher. But there is one tech company the market could be overlooking currently.

AI is a new industry, and C3.ai has created a whole market for itself. Known as the Enterprise AI, the company can create AI applications for any industry out there, and customers are rushing to it.

Wall Street analysts Wedbush Securities believes this stock could go up by over 95% from its current levels, and there are some key points in favor of this prediction.

Unparalleled possibilites

The internet has altered how the world does business. It supports the smallest of stores to go to the furthest corners of the world, leading to easier success and growth. But the internet has caused some industries to get left behind, mostly the ones that are reliant on input from humans. Think of real estate brokering or any profession in the legal sector, for example.

AI is the next frontier, and while it is still new, it is already bringing in labor-intensive companies into the digital market. It aided in building companies such as Zillow Group (NASDAQ:Z), because without machine learning and AI it would not be able to track the whole property market across the United States in real-time, allowing it to buy homes directly from home sellers (removing agents from the equation).

But Zillow is a company with technology at its center. Other companies don’t have these resources or ability to build AI programs in-house. That is the gap that C3.ai fills, and currently, it’s the only player around.

Great financial performance

After listing in Dec. 2020, C3.ai’s stock increased to prices as much as $161, but it has steadily gone down to around $50. The company has not yet lived up to the huge expectations around its profits and revenue growth.

But it still have huge potential, and Wedbush’s recent $100 price target is supportive of that. Financial performance is getting better, and since it might take up to six months to produce an AI application into the market, revenue growth is lagging customer growth. C3.ai’s 98 customers in Q1 are 85% of the increases compared to the same time frame last year, which sets up a possible revenue surprise in the future.

The company’s 2022 revenue estimates seem to point to a growth acceleration to higher levels, which has already happened in Q1, and is expected to get better next quarter.

While the firm is not profitable yet, it has a gross margin over 75%, which allows the company to reinvest revenue into its business to push growth. When revenue growth goes up in the future, it can lower expenses and give earnings to investors. For now, it’s all about growing and growing fast.

Author: Steven Sinclaire

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Are You a Bitcoin Investor? The Feds Could Soon Be At Your Door

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The SEC has threatened to force the cryptocurrency company Coinbase into court for its new Lend service that will allow its customers to earn interest from their cryptocurrencies by lending them to other people. As part of this program, the company will offer crypto based loans, but the SEC has said this feature is a security.

Coinbase revealed these details in a blog post. After the announcement, the CEO of Coinbase, Brian Armstrong, gave more information on Twitter where he explained how the SEC gave no guidance and has behaved “sketchy.”

Armstrong said that Coinbase messaged the SEC to understand this move as Cryptocurrency does not fit into the security framework given they don’t represent ownership of debt and no promise was given for any appreciation of the cryptos.

“They responded by informing us this lend program is a security. This seems strange, how can a lending program be a security? So we asked the SEC for their help in understanding.,” said Armstrong. “They refused to tell us why they believe it is a security, and instead subpoenaed a lot of records from us (we complied), demanded testimony from employees (we complied), and then told us they will sue us if we launch, with no explanation as to why.”

John Hempton, a famous investor and current CIO of Bronte Capital Management, replied to Armstrong’s tweet with a photo of the first page of the 1933 Securities Act.

This led to some confusion as people started to debate about how there was nothing connected to “digital assets” in the law. Hempton simply replied by stating, “The question was about a loan for interest. Seems covered.”

While cryptocurrency itself might not be a security, Coinbase’s Lend service plans to give loans for interest, which could come under the security rule. Should Coinbase take this to court and these loans be ruled to be securities, several more companies such as Celsius, BlockFi, Ledn and more could face similar issues.

Author: Steven Sinclaire

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Bitcoin Adoption Explodes After This Government Announcement

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Central America’s bitcoin usage is rising, with Panama being the latest nation to flock toward cryptos. 

The development has unfolded on the exact same day that El Salvador is now officially accepting bitcoin as their legal tender. Now Panama is going in this same direction and is planning a roll-out by embracing Ethereum and other cryptos as well.

Panama has announced a cryptocurrency law currently in draft form, as reported by Congressman Gabriel Silvaon via Twitter. Much like El Salvador, Panama wants bitcoin and Ethereum to be more popular as a form of payment. Panama’s lawmakers also wish to support blockchain inside the public sector and use the technology within its banking sector.

The bill goes into how Panama is compatible with the crypto economy, including blockchain assets and the internet. The bill says,

“Today we give the Crypto Law. We seek to form Panama into a country that is compatible with the blockchain and crypto assets. This has the possibility to create many jobs, attract more investment and make our government transparent.”

Prices Under Pressure

Despite the larger-scale adoption of bitcoin and the number two cryptocurrency, Ethereum, most of the overall cryptocurrency market is selling in the red as of today. The bitcoin price is holding at $50,000, while Ethereum will be gearing up for a run to $4,000.

Crypto Assets

The draft law touts bitcoin as the hedge against inflation and stresses its divisible nature, saying that Bitcoin can be “divided into 100 million Satoshis” as one example of this. It also accepts other cryptos including Cardano and Ethereum for being more divisible than traditional and normal currencies and investments.

On social media, users were fast to highlight the fees linked to Ethereum transactions especially. The average Ethereum fee around just lower than $40, compared to over $50 in early Sept.

Panama is keeping things open and not requiring its merchants to use bitcoin or other cryptocurrency. That was a crucial criticism of the El Salvador’s bitcoin roll-out, in that consumers and businesses alike felt like they were being forced to quickly use bitcoin as their currency.

Author: Blake Ambrose

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Stimulus Check Update Stuns The Nation

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Getting Congress to accept a monthly stimulus payment seems to be a long shot.

There is, as of right now, a Change.org petition asking for Congress and lawmakers to accept a bill that would create a monthly $2,000 check to every eligible person. In addition, families who have children would get another $1,000 for each child in their checking accounts. For a family with four kids with two adults and two children, that is $6,000 per month.

The petition was getting close to 3 million signatures. If they get to that number, Change.org says it will be among their most popular petition ever seen on the website.

What is the reality?

It would not be fair to share this story without dealing with the fact that Congress is not likely to approve these monthly payments — even to those still suffering from the effects of coronavirus. While there are many lawmakers supporting the monthly stimulus check bill, it does not seem to be getting traction.

Why? In part, it is because of the political reality within the Senate and the House. Democrats are the party supporting additional aid, while the GOP pushes back.

In Jan., 56 House Dems sent a message to President Biden asking for ongoing checks and insisting that “another check is not enough.”

And the proposal of giving Americans monthly payments has come across as a “fringe” idea, but over 150 economists — including Jason Furman, the former leader of the Council of Economic Advisers — have also asked for the administration to give more help.

Given that not a single GOP lawmaker in the House or Senate voted to support the $1.9 trillion American Rescue Plan back in March, it is improbable they would now support a monthly aid package.

Is there any hope?

Never say never when you are talking about United States politics. As more Americans add their names to the Change.org petition website, it is possible that some hearts will change, and a fresh plan for more stimulus could be created. We will keep waiting and watching.

Author: Blake Ambrose

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