In a Volatile Market, This Dividend Growth Stock Is Worth Every Penny of $1,000
Key takeaways
- NVDA When fear and uncertainty hit the stock market, investors typically head for safer harbors.
- There are two key reasons why blue chip stocks that pay a dividend are attractive during a volatile stock market.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA When fear and uncertainty hit the stock market, investors typically head for safer harbors. That can manifest in many ways, from very conservative investments like Treasury bills to investments that still provide market exposure, yet are historically less volatile, such as blue chip dividend stocks.
There are two key reasons why blue chip stocks that pay a dividend are attractive during a volatile stock market. First, with their consistent dividends, these stocks can provide a baseline of returns whenever the broad market treads water or turns negative. Second, these stocks typically have decades-long dividend growth track records.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »