3 Dividend Growers At The Top Of My Watch List
Brett Owens, Chief Investment StrategistUpdated: November 20, 2015
The holiday season won’t be so cheery according to Wall Street. Concerns over dismal holiday retail sales have taken the lift out of October’s rally and weighed on the S&P 500.
Wal-Mart (WMT), Amazon.com (AMZN) and Target (TGT) are under the microscope heading into this upcoming Black Friday. But weekly price gyrations don’t matter as much as earnings and dividend growth. We should use short-term concerns about the sector as potential buying opportunities – especially for perennial dividend growers.
So what can we expect from retailers this holiday season?
According to the October U.S. Retail Spending survey – which increased just 0.1 percent – consumers are spending about the same, but slightly less than analysts were expecting.… Read more