Stocks Are On Sale - 15 New Buys In Our Universe
Plus 2 New Dividend Kings
🎉 Happy New Year to all of the Partners of Compounding Dividends!
Today's email will give you some good places to find great investment ideas.
I'll be sharing updates on:
The list of stocks to buy, hold, or sell
The Dividend Kings
My favorite Aristocrats
The Investable Universe
Some interesting things coming up soon
Let’s dive in!
The End of 2024 Has Created Some Interesting Opportunities
How?
In the last month, the S&P 500 has dropped 2.5%
Source: Finchat
Your investments might be worth less now than they were a month ago.
But as a long-term investor, as long as nothing has changed with the fundamentals of the companies you own, you can ignore falling prices.
The lower prices might also give you chances to buy more of the companies you want to own.
"When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30." - Warren Buffett
You can think of lower prices like a sale on stocks.
Here’s what Warren Buffett had to say on the subject:
What Interesting Opportunities Are Available?
You probably remember that we upgraded the Investable Universe with a Buy-Hold-Sell list recently:
The entire Investable Universe contains more than 800 stocks.
When we published the article, 354 of them had a ‘Buy’ rating.
As of today?
15 more have moved to a ‘Buy’ rating, for a total of 369 stocks.
Want some highlights?
Here you go!
Stocks with a ‘Buy’ rating and a high Dividend Yield
🛻 Stellantis N.V.: 12.9%
🛢️ New Hope Corporation: 7.9%
🧪 LyondellBasell Industries N.V.: 6.2%
Cannibals with a ‘Buy’ rating and PEG ratio <1
🛢️ Schlumburger
🏥 DaVita Inc.
📺 Charter Communications
Dividend Growers with high expected Earnings Growth
🚂 Trinity Industries: 24.3%
⚙️ Gorman-Rupp: 19.6%
💳 Mastercard: 14.8%