Updated: April 3, 2017
Have you ever read something in the financial media and thought: is this even news?
I know. Every day, right?
I had that feeling on March 21, when I read a Bloomberg story saying that one type of stock—dividend growers—outperforms all others as interest rates rise.
To back it up, Bloomberg and Goldman Sachs (GS) looked at the performance of 50 stocks the bank sees as likely to hike their payouts by an average of 12% this year. (I’ll reveal—and rank—the 4 strongest names from this list in just a moment.)
The verdict? The “Goldman 50” beat the market between the end of June 2016 and March 21 of this year—a period that saw the Fed drop two quarter-point rate hikes on us.… Read more