No matter where you look (balance sheet, revenue trajectories, earnings performances) INFY simply features a stacked profile. On the financials, it’s tough to beat Infosys. At the same time, Infosys doesn’t have a long track record of consecutive dividend increases so it’s something to note. Though not the highest figure in town, it does rank better than the tech sector’s average yield. On the passive income side, Infosys carries a forward yield of 2.25%. Still, investors with a long-term view should consider INFY as one of the under-the-radar dividend growth stocks to buy. Since the beginning of this year, INFY fell over 28%. Sadly, this compelling potential fails to convince Wall Street. Experts project that the Indian economy will expand at an average real GDP growth rate of 6% between 20. Further, the underlying region represents a major growth market. Infosys (NYSE: INFY) provides business consulting, information technology and outsourcing services. Once circumstances normalize, you’re looking at TXN being up 20% from here easily and quickly. That’s above nearly 99% of its peers, reflecting incredible quality. Along with solid growth and excellent profitability metrics when stacked up against the semiconductor industry, TXN’s return on equity pings at 66%. What’s more, Texas Instruments features myriad financial strengths across the board. Also, TXN enjoys 18 years of consecutive dividend increases. This contrasts favorably with the technology sector’s average yield of 1.37%. First, the company carries a forward yield of 3.2%. If you can overlook the double-digit losses, which again isn’t that bad compared to the Nasdaq Composite’s performance, you might come away with the impression that TXN represents one of the under-the-radar dividend growth stocks to buy. Still, it’s not a horrific outing for Texas Instruments, with shares down 19% YTD. Unfortunately, the global supply chain disruption, stemming from the coronavirus pandemic, meant that TXN struggled this year. Texas Instruments (NASDAQ: TXN) designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers globally. Moving forward, AOS easily has the potential to rise 10% quickly should economic conditions normalize. Smith has a return on equity of 28%, reflecting a high-quality business (like Watsco above). For instance, its three-year free cash flow ( FCF) growth rate stands at 18.4%, ranking better than nearly 65% of the competition. On the financials, the company enjoys strong growth and earnings trajectories. However, the company enjoys 30 years of consecutive dividend increases. To be fair, this metric slips slightly lower than the Industrials average yield of 2.12%. Nevertheless, AOS may qualify for one of the best under the radar dividend growth stocks to buy, at least for patient investors. Still, this framework has not been beneficial for AOS stock, which slipped over 41% since the start of this year. Smith benefits from some magnitude of inelastic demand. Given the pertinence of its underlying business, A.O. Smith (NYSE: AOS) enjoys a reputation as one of the world’s leading providers of water heating and water treatment solutions. Looking ahead, WSO should easily move 10% higher from the current price over the next two years.Ī.O. This compares favorably to nearly 88% of the competition, making WSO a high-quality business. Plus, the industrial equipment and products firm has a return on equity of 27.3%. Owning robust strengths across the board, the company has higher-than-average performance stats for revenue expansion and profitability. Moreover, Watsco has nine years of consecutive dividend increases. Second, the financials really shine for Watsco. This compares favorably to the Dow Jones Industrials average yield of 2.12%. According to, WSO features a forward yield of 3.43%. Still, this company which usually lurks in the shadows makes for one of the best under the radar dividend growth stocks.įirst, let’s talk about the passive income. Unfortunately, this narrative hasn’t helped WSO much, with shares dropping almost 16% on a year-to-date basis. Billed as the largest distributor of air conditioning, heating and refrigeration equipment, Watsco (NYSE: WSO) provides everyday relevance for millions of households.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |