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lyzh
01-30
$Tesla Motors(TSLA)$
up from here only!!
lyzh
2021-03-31
Good information!
10 Stocks to Build an Income Stream for the Long Haul.
lyzh
2021-03-17
I’m buying!
NIO: Buy The Next Dip
lyzh
2021-03-11
Happiness
If You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now
lyzh
2021-03-11
A good year to start!
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lyzh
2021-03-11
Awesome!
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href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> up from here only!!","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> up from here only!!","text":"$Tesla Motors(TSLA)$ up from here only!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/398040722833856","isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354652876,"gmtCreate":1617170171295,"gmtModify":1704696745220,"author":{"id":"3576651306281638","authorId":"3576651306281638","name":"lyzh","avatar":"https://community-static.tradeup.com/news/e7518576381bd14a9b16bde1b34fdfa5","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576651306281638","authorIdStr":"3576651306281638"},"themes":[],"htmlText":"Good information!","listText":"Good information!","text":"Good information!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354652876","repostId":"1166961889","repostType":4,"repost":{"id":"1166961889","kind":"news","pubTimestamp":1617156802,"share":"https://ttm.financial/m/news/1166961889?lang=&edition=fundamental","pubTime":"2021-03-31 10:13","market":"us","language":"en","title":"10 Stocks to Build an Income Stream for the Long Haul.","url":"https://stock-news.laohu8.com/highlight/detail?id=1166961889","media":"Market Wacth","summary":"Bob Baker, a retired aerospace engineer, regularly taps his small pension and Social Security income","content":"<p>Bob Baker, a retired aerospace engineer, regularly taps his small pension and Social Security income to help cover his living expenses.</p><p>But he also relies on a steady dose of stock dividends, something he started to zero in on when he retired in 2015. “Once I fully understood the significance of dividends from quality companies, a priority focus for me was not to have to sell any shares of any holdings,” says Baker, 72, who lives in northern Virginia with his wife.</p><p>Dividends from his retirement accounts are transferred every month into a taxable account to cover required minimum distributions, or RMDs—which kick in after a retiree hits 72, up from age 70½ previously. His holdings includePepsiCo(ticker: PEP),CVS Health(CVS), andPrudential Financial(PRU)—longtime dividend payers that sport yields well above theS&P 500index’s average of about 1.5%. The yield on the dividend stocks in his portfolio was recently 4.5%.</p><p>The notion of using dividends in retirement, either as a way to complement other financial assets, as Baker does, or perhaps rely on them for an even larger percentage of income, is drawing plenty of interest these days. Yields on many traditional income investments are now near historical lows, and the onus increasingly is on individuals to secure their postcareer income. The strategy has spawned something of a movement, encompassing investors of all ages and levels of sophistication. There areFacebookgroups devoted to the topic along with blogs, newsletters, books, and various other platforms.</p><p><img src=\"https://static.tigerbbs.com/87d47a63a4c8bee81dd0af14d95ae412\" tg-width=\"620\" tg-height=\"636\" referrerpolicy=\"no-referrer\"></p><p>But these investors are not yourGameStoptraders or momentum players. They are in many cases diligent investors adopting sound strategies to build a portfolio for the long haul, investing sometimes $100 here or $50 there. They’re more like modern-day moms and pops.</p><p>“A big appeal of dividends is really that it’s kind of psychologically easier to stay the course,” says Brian Bollinger, who in 2015 founded Simply Safe Dividends, which includes a monthly newsletter and tools for do-it-yourself dividend investors. “You are focusing on building this growing income stream regardless of market conditions.”</p><p>Indeed, during last year’s pandemic-driven market rout and subsequent strong rally, dividend stocks lagged, and a number of big names cut or suspended their payouts. From when the market reached its prepandemic peak in February 2020 through the end of the year, the S&P 500 Dividend Aristocrats returned 8.1%, dividends included. Those companies, which have paid out higher dividends for at least 25 straight years, trailed the S&P 500’s 12.7% return over that stretch.</p><p>Yield ShortageThe yield of a 50-50 portfolio of stocks and bonds, once a reliable source of income for retirees, has dwindledto below 2%.Source: Vanguard%Recessions are shaded4% represents a hypothetical annualportfolio withdrawal rate for a retiree.1994'952000'05'10'15'2012345</p><p>But last year’s selloff and relative underperformance offered a chance for nimble dividend investors to add to holdings they considered to be undervalued. If you missed out, however, it’s not too late: Below, we identify 10 stocks with solid yields, consistent payouts, and seeming durability.</p><p>A key force behind the burgeoning interest in retiring on dividends is ultralow interest rates. Even though the 10-year U.S. Treasury yield has touched 1.7% in recent days, passing the S&P 500’s average yield, interest rates remain low by historical standards. Other traditional income—generating investments like certificates of deposit and corporate bonds are also trading with historically low yields.</p><p>“It used to be that retirees could live off the cash flows from a portfolio,” says Colleen Jaconetti, head of investment research at Vanguard Institutional Investor Group. “So, you never really had to think about where it came from.”</p><p>She points out that in early 1995, a 50-50 stock and bond portfolio yielded a little more than 5%, above the 4% annual portfolio withdrawal rate that some advisors and investors use as a starting framework in retirement. That portfolio’s yield had fallen to 1.4% at the end of 2020.</p><p>Such paltry yields can make dividend stocks an attractive investment centerpiece for retirees. They can offer nice yields, and unlike fixed bond coupons, dividends can grow to hedge inflation, which many experts expect to tick up.</p><p>“People generally say that the sweet spot is somewhere between 2.5% and 4.5%” for dividend yields, “and I’m right in the middle of that at 3.6%,” says Dave Van Knapp, an active dividend-growth-investing blogger and investor who relies heavily on dividends in retirement.</p><p>The 74-year-old Van Knapp, who worked in legal publishing, not only promotes the investment strategy but also shows it in action, posting <a href=\"https://laohu8.com/S/AONE.U\">one</a> of his portfolios on a website called Daily Trade Alert. That portfolio—which had increased more than threefold from when he set it up in 2008, to $151,854 recently—has 28 stocks. They includeJohnson & Johnson(JNJ), PepsiCo, andProcter & Gamble(PG). He uses Social Security and a pension to complement his dividend income streams.</p><p>“A lot of times, when people say I want to live off income in my retirement, many, many people—and the investment industry does this—immediately translate that to bonds,” says Van Knapp. “One of the breakthrough concepts of this [strategy] is that you can generate equity income.”</p><p>One thing to keep in mind is that by eschewing bonds and focusing solely on stocks, investors are discarding an asset class that can provide important portfolio diversification.</p><p>There are many ways to build a portfolio of dividend stocks, <a href=\"https://laohu8.com/S/AONE\">one</a> of which entails assembling a collection of blue-chip issues, as Van Knapp’s portfolio does. Investors, however, need to consider the pros and cons of relying heavily on dividends in retirement—and there’s no shortage of each.</p><p>“If you have a large enough portfolio, then buying a blue-chip amalgamation of companies like Procter & Gamble,Kimberly Clark,and so forth that produces enough income for you—you’re golden,” says Charles Lieberman, chief investment officer at Advisors Capital Management. “The conceptual issue is, do you buy a diversified portfolio and peel off assets on a regular basis in order to get cash, or do you invest for income and live off the income?”</p><p>Many investors and financial advisors favor a total-return approach, in which a saver assembles a portfolio of growth stocks and dividend payers—and often bonds and other asset classes—and sometimes sells off assets in retirement to raise cash. Relying largely on stock dividends in retirement, to them, isn’t a feasible approach to amassing the principal necessary for a retirement that could last 30 years or more.</p><p>“I don’t hear any advisors saying, ‘How do I build a dividend-paying portfolio that is going to cover 100% of my client’s income needs?’ ” says Katherine Roy, chief retirement strategist at J.P. Morgan Asset Management. “I just see so many more advisors building diversified portfolios that are oriented toward income, but they are looking for that growth potential, as well.”</p><p>Jaconetti, too, is skeptical, pointing out that stocks with yields of 3% to 4%, though deemed attractive and safe by some investors, can pose a lot of risk, lead to overly concentrated portfolios, and create capital losses.</p><p>“At any given time, there’s no way to say whether growth or value is going to outperform,” Jaconetti adds. “It’s not that you can’t have a lot of diversification within value. But you are most likely underweighting growth. And if growth is outperforming, then you are going to end up underperforming.”</p><p>Still, several of the retirement dividend-investing practitioners<i>Barron’s</i>spoke with believe that it’s possible to actively manage a portfolio of dividend stocks for long-term capital return while minimizing the attendant risks.</p><p>Once I fully understood the significance of dividends from quality companies, a priority focus for me was not to have to sell any shares of any holdings.</p><p>— Retired aerospace engineer Bob Baker, 72</p><p>Jenny Van Leeuwen Harrington, CEO and portfolio manager at Gilman Hill Asset Management, aims for a 5% yield plus capital appreciation in the firm’s equity income strategy. “You can get the 5% yield, but it doesn’t come easy or at a superlow cost” that an equity income exchange-traded fund charges, she says. “You need to work for it.”</p><p>She citesVerizon Communications(VZ),<a href=\"https://laohu8.com/S/IBM\">IBM</a>(IBM), andSL Green Realty(SLG) as examples of what she considers sound companies with attractive yields of at least 4.5%.</p><p>Still, she says, relying solely on stock dividends in retirement isn’t for everyone. “It depends on the amount and what your spending is. That’s the equation,” says Harrington.</p><p>Consider, for example, a retiree whose portfolio totals $200,000. A 3% yield on that would produce $6,000 a year—not very much, though it could be supplemented by Social Security or other income, if available.</p><p>A $1.5 million portfolio, at a 3% yield, would generate annual income of $45,000, which, if combined with other sources like Social Security, could be sufficient.</p><p>Higher yields, of course, are alluring to some investors, but they can signal value traps—where a stock that appears cheap can trade at depressed levels or decline for an extended period of time. Such stocks are the subject of much debate in dividend-investing circles, but investors should do their due diligence before deciding whether a high-yielding stock is worth the risk.</p><p>“Only fundamental analysis reveals the real why [for a high yield] and if it’s a temporary dislocation or a real permanent decliner,” says Harrington, who adds that her clients “find emotional comfort in the consistency of those dividends.”</p><p>Ultimately, an income-dependent retirement strategy isn’t foolproof or something to set and forget.</p><p>“It still requires care,” says Lieberman. “Inevitably, there will be downdrafts in the market, and inevitably there will be a company or multiple companies that at some point cut their dividends, so then you have to adapt.”</p><p>Reliable Retirement ReturnsThese are the types of companies that can offer retirees durable dividends and potenial growth.</p><table><thead><tr><th>Company / Ticker</th><th>Recent Price</th><th>Dividend Yield</th><th>Market Value (bil)</th><th>Return Since 1/31/2020</th><th>5-Year Dividend Growth Rate*</th></tr></thead><tbody><tr><td><b>AT&T</b>/ T</td><td>$29.99</td><td>6.9%</td><td>$215.4</td><td>-14.5%</td><td>2%</td></tr><tr><td><b>Coca-Cola</b>/ KO</td><td>51.52</td><td>3.3</td><td>222.0</td><td>-8.0</td><td>4</td></tr><tr><td><b>Consolidated Edison</b>/ ED</td><td>73.43</td><td>4.2</td><td>25.1</td><td>-17.9</td><td>3</td></tr><tr><td><b>International Business Machines</b>/ IBM</td><td>130.62</td><td>5.0</td><td>116.7</td><td>-3.1</td><td>5</td></tr><tr><td><b>Johnson & Johnson</b>/ JNJ</td><td>161.91</td><td>2.5</td><td>426.3</td><td>12.4</td><td>6</td></tr><tr><td><b>Kellogg</b>/ K</td><td>62.59</td><td>3.7</td><td>21.3</td><td>-5.7</td><td>3</td></tr><tr><td><b>Procter & Gamble</b>/ PG</td><td>132.56</td><td>2.4</td><td>326.4</td><td>9.0</td><td>3</td></tr><tr><td><b>SL Green Realty</b>/ SLG</td><td>70.02</td><td>5.2</td><td>4.9</td><td>-18.5</td><td>8</td></tr><tr><td><b>U.S. Bancorp</b>/ USB</td><td>53.47</td><td>3.1</td><td>80.3</td><td>5.0</td><td>11</td></tr><tr><td><b>Verizon Communications</b>/ VZ</td><td>57.01</td><td>4.4</td><td>236.6</td><td>0.2</td><td>2</td></tr></tbody></table><p>Data as of 3/24/21. *Annualized</p><p>Source: FactSet</p><p>Another factor to consider before pursuing a dividend-focused portfolio for retirement: Not every retiree or saver has the desire, prowess, or time to regularly focus on a stock portfolio. Using mutual funds or a financial advisor can make a lot more sense, their fees notwithstanding.</p><p>But managing a portfolio of dividend stocks works well for some investors.</p><p>“The key consideration was to have a comfortable income stream and not have to liquidate any equities in my portfolio to do so,” says Baker, the former aerospace engineer. “I tend to go into my portfolio every day. I’m retired. I have the time, and I enjoy doing it.”</p><p>Dividend-paying stocks can make a lot of sense for retirees, many of whom face “very difficult investment decisions,” says David Katz, chief investment officer at Matrix Asset Advisors, pointing to low bond yields and rich valuations as major headwinds.</p><p>Certain dividend stocks, he says, “should allow for a healthy and growing income stream and reasonable portfolio growth over time” while providing some downside protection when needed.</p><p>Based on input from Katz and other financial pros, as well as our own research,<i>Barron’s</i>came up with a portfolio of 10 dividend-paying stocks that retirees should consider.</p><p>AT&T</p><p>AT&T(T) is one of the more-discussed stocks among dividend investors, as its yield, at about 7%, is much higher than most U.S companies. A concern that many investors have is the company’s hefty debt load.</p><p>Such a high yield can be a reason for investors to exit, but the entertainment, tech, and telecom conglomerate has a long history of paying a dividend—it’s a member of the S&P 500 Dividend Aristocrats—and some analysts like its content library and foray into streaming.</p><p>Company executives are showing their support for the dividend. In a March 12 release outlining the company’s strategy and financial outlook, CEO John Stankey said in part that AT&T is “committed to sustaining the dividend at current levels and utilizing cash after dividends to reduce debt.” Chief Financial Officer John Stephens expressed a similar commitment to the dividend at a conference on March 8. “With $26 billion of free cash flow after [capital expenditure], there’s plenty of money to pay out the dividend,” he said.</p><p>The last time the company declared a quarterly dividend increase occurred in December 2019, more than a year ago, boosting it by a penny, to 52 cents a share. But AT&T looks like it’s on course to at least sustain the dividend.</p><p>Coca-Cola</p><p>In the 1970s,Coca-Cola(KO) ran a series of TV advertisements built around the mantra “Coke adds life.” The beverage behemoth has added a lot of yield over the years, as well, and it continues to do so—with its stock recently yielding 3.3%.</p><p>Coke managed to keep its quarterly dividend at 41 cents a share last year, even though the pandemic took a big toll on restaurants, one of the company’s key sales channels.</p><p>Coke earned an adjusted $1.95 a share in 2020, down from $2.11 the previous year, as sales fell 11%, to $33 billion. Analysts polled by FactSet expect sales to rebound this year to $36.7 billion, still below 2019 levels, and for the company to earn $2.14 a share.</p><p><img src=\"https://static.tigerbbs.com/4abb2face6ef1f0a3bee7cd44ac2c533\" tg-width=\"620\" tg-height=\"413\" referrerpolicy=\"no-referrer\">Coca-Cola maintained its dividend during the pandemic, a testament to its durability even in rough times.GEORGE FREY/BLOOMBERG</p><p>Despite the headwinds, Coke’s board in February declared a quarterly dividend of 42 cents a share, up by a penny, or 2.4%. The company paid out $7 billion in dividends to shareholders last year—includingBerkshIre Hathaway’sWarren Buffett, who has famously enjoyed the company’s products, and dividends, for years.</p><p>In an investor presentation last month, Coke listed continuing to increase its dividend as its second-highest capital-allocation priority after reinvesting in its businesses.</p><p>The stock is down about 5% this year, dividends included. Still, the company should be a big beneficiary of the economy’s reopening, and its payout history bodes well for the long term.</p><p>Consolidated Edison</p><p>Utilities are often lauded by investors for their durability, resiliency, and big yields. The pandemic has posed a big test for the sector, however, andConsolidated Edison(ED), whose regulated utility footprint includes New York City as well as nearby Westchester and Rockland counties, was no exception.</p><p>The company earned an adjusted $4.18 a share last year, down 5% from $4.38 in 2019, on an operating revenue decline of about 3% to a little more than $12.2 billion.</p><p>Still, ConEd’s “regulated utility distribution business will still contribute over 90% of adjusted earnings over the next five years,” wrote Morningstar analyst Charles Fishman recently.</p><p>Regulated utility businesses are generally regarded as durable and resilient, helping to fuel increases in earnings and dividends.</p><p>ConEd has boosted its dividend for 47 straight years, most recently in January to $3.10 a share annually, up by four cents, or 1.3%. That’s below the 3.5% dividend increases the company has averaged in recent years, Fishman observes, “and we expect this level of increase over the next several years due to the economic impact of Covid-19.”</p><p>But he calls the dividend secure, “considering the conservative strategy of the company’s nonutility businesses and the favorable regulatory framework for its New York utilities.”</p><p>Katz believes that the “stock will probably get a lift as a reopening play and a New York City recovery.”</p><p>IBM</p><p>IBM shares have returned about 5% this year, slightly ahead of the S&P 500, but they’ve been a laggard over longer periods owing to disappointing financial results, including weak revenue growth.</p><p>But the company has been trying to change that. In 2019, for example, IBM acquired Red Hat, which offers customers a hybrid cloud platform, for about $33 billion using a combination of debt and cash. Red Hat’s sales grew 18% on a normalized basis in 2020, CEO Arvind Krishna told analysts in January. That should help solidify the dividend and grow it modestly.</p><p>Gilman Hill’s Harrington sees Red Hat’s “hybrid cloud IT strategies” becoming “an increasingly meaningful driver of total revenue growth” for the company. It’s “a stock everyone loves to hate,” she says, “and, as a result, [it] has been written off.”</p><p>On the plus side, the stock yields 5%, and the company has said that it’s committed to the dividend. IBM earlier this year was admitted to the S&P 500 Dividend Aristocrats—demonstrating the consistency of dividend growth that retirement savers and retirees need for the long haul.</p><p>Johnson & Johnson</p><p>With its diversified mix of businesses, Johnson & Johnson throws off a lot of free cash flow, giving it the wherewithal to maintain its dividend and boost it through thick and thin.</p><p>Case in point: Last April, as the pandemic was forcing many companies to slash or eliminate their dividends, J&J declared a quarterly payout of $1.01 a share, up 6% from 95 cents. This came even as one of its key business units, medical devices, came under pressure as customers put off elective surgeries due to the pandemic.</p><p>Last year, the company, whose businesses also include consumer products and prescription drugs, paid out about $10.5 billion in dividends, or roughly half of its free cash flow.</p><p>Morningstar analyst Damien Conover likes J&J’s “diverse revenue base, a developing research pipeline, and exceptional cash flow generation”—three attributes that should support the dividend and keep it growing.</p><p>Kellogg</p><p>Kellogg(K), whose signature brands include Special K, Rice Krispies, and Pringles, has lagged behind the market this year with a flattish return. But the company’s foundation looks sound, helped by its plant-based proteins under the Morningstar Farms Incogmeato label and others.</p><p>The company notched organic sales growth of 6% in 2020, lifted by gains across all of its regions globally and its four major product categories: snacks, cereal, frozen food, and noodles. That helped offset headwinds that included Covid-19 and divestitures.</p><p>What’s more, Kellogg paid a quarterly dividend of 57 cents a share throughout the pandemic-challenged year, and it plans to boost it by a penny in the second quarter. The stock was recently yielding 3.7%.</p><p>“This means returning more cash to share owners, and it reflects our confidence in the business,” CFO Amit Banati told analysts during the company’s fourth-quarter earnings call in February.</p><p>The company earned $4.03 a share on an adjusted basis last year, up fractionally from $4 in 2019, and the FactSet consensus for this year is $4.01 a share. It recently fetched 15.3 times its FactSet consensus adjusted 2021 profit estimate.</p><p>Katz describes Kellogg as a “top-tier consumer-staples company selling at a very attractive valuation.”</p><p>Procter & Gamble</p><p>P&G, a consumer-products giant whose brands include Bounty paper towels and Charmin toilet paper, proved its dividend mettle in 2020.</p><p>Last April, it declared a quarterly payout of 79.07 cents a share, an increase of 6%. The stock yields 2.4%.</p><p>Operating chief Jon Moeller told analysts in January that the company had built momentum before the pandemic. That gave P&G confidence, he said, “to increase our dividend at the highest rate in many years, even as we struggled with new Covid realities.”</p><p>The company ultimately benefited from heady sales of lockdown items such paper towels. Analysts surveyed by FactSet expect the company to earn $5.70 a share in its current fiscal year, which ends in June, up from $5.12 last year—testament to P&G’s durability and the health of its dividend.</p><p>SL Green Realty</p><p>Real estate investment trusts, which are required to pay out at least 90% of their taxable income as dividends, are popular among income investors. This REIT could prove particularly popular postpandemic.</p><p>SL Green, which owns a lot of high-profile <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> office buildings, is down 18.5% since last January, before the pandemic began. The company has been hit as tenants grapple with weak occupancies and many employees continue to work from home a year into the pandemic.</p><p>“People were worried about workers never coming back to work in offices in New York City. I think that’s very unlikely,” says Charles Lieberman of Advisors Capital Management.</p><p>He views SL Green as a good way to play the economy’s reopening. SL Green shares have been on the road to recovery, returning about 15% this year alone. The stock was recently yielding 5.2%.</p><p>In March, in addition to declaring a monthly dividend of 30.33 cents a share, the company issued a special dividend of just under $1.70 a share for a total dividend of $2 a share. However, the special was paid in the form of the company’s stock—though shareholders could ask to be paid fully in cash.</p><p>U.S. Bancorp</p><p>Shares ofU.S. Bancorp(USB) have returned about 15% this year, and around 75% over the past year—and they may have room to run.</p><p>Katz calls it a “top-tier super-regional bank” that’s well capitalized with a strong loan portfolio and good credit quality. “We expect them to fully benefit from an improving economy and a steepening yield curve.”</p><p>The bank has several segments, giving its revenue mix some diversification: corporate and commercial banking; consumer and business banking, wealth management and investments; payment services, including for credit and debit cards; and treasury and other support for companies.</p><p>The stock pays a quarterly dividend of 42 cents a share, for a yield around 3%. And that’s not all. Even though the stock has a double-digit return this year, it hasn’t done quite as well as peers such asTruist Financial(TFC) andKeyCorp(KEY). “It’s due for a catch-up trade higher,” says Katz.</p><p>Verizon Communications</p><p>The stock, which yields 4.4%, changes hands a reasonable 11 times the $5.06 FactSet consensus adjusted 2021 profit estimate. That estimate is up 3% from the $4.90 per share earnings last year.</p><p>“Consensus is for low-single digits earnings growth, but we think that will prove too conservative and hasn’t adjusted for management’s revenue-growth guidance,” says Harrington.</p><p>The company’s guidance includes 2%-plus annual service and revenue growth this year and 3%-plus in 2022 and 2023.</p><p>Verizon “should benefit from an improving economy and 5G rollout,” says Katz. He adds that it “can comfortably manage through the cost of the recent and very expensive spectrum auction” for government-issued licenses that allow telecom firms to increase their network capabilities.</p><p>At its investor day earlier in March, Verizon said that it was committed to its dividend, which it listed as its second capital-allocation priority after investing in the business. Verizon’s most recent dividend increase was last September, when it went to 62.75 cents a share, up 2% from 61.5 cents.</p><p>If the company can hold true to its commitment, that should keep the dividend rising and make the stock one that can be relied on for income in retirement.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Stocks to Build an Income Stream for the Long Haul.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n10 Stocks to Build an Income Stream for the Long Haul.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:13 GMT+8 <a href=https://www.marketwatch.com/articles/yes-you-can-retire-on-dividends-10-stocks-to-build-an-income-stream-for-the-long-haul-51616752801?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bob Baker, a retired aerospace engineer, regularly taps his small pension and Social Security income to help cover his living expenses.But he also relies on a steady dose of stock dividends, something...</p>\n\n<a href=\"https://www.marketwatch.com/articles/yes-you-can-retire-on-dividends-10-stocks-to-build-an-income-stream-for-the-long-haul-51616752801?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IBM":"IBM","JNJ":"强生","VZ":"威瑞森","SLG":"SL Green Realty Corp","PG":"宝洁"},"source_url":"https://www.marketwatch.com/articles/yes-you-can-retire-on-dividends-10-stocks-to-build-an-income-stream-for-the-long-haul-51616752801?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166961889","content_text":"Bob Baker, a retired aerospace engineer, regularly taps his small pension and Social Security income to help cover his living expenses.But he also relies on a steady dose of stock dividends, something he started to zero in on when he retired in 2015. “Once I fully understood the significance of dividends from quality companies, a priority focus for me was not to have to sell any shares of any holdings,” says Baker, 72, who lives in northern Virginia with his wife.Dividends from his retirement accounts are transferred every month into a taxable account to cover required minimum distributions, or RMDs—which kick in after a retiree hits 72, up from age 70½ previously. His holdings includePepsiCo(ticker: PEP),CVS Health(CVS), andPrudential Financial(PRU)—longtime dividend payers that sport yields well above theS&P 500index’s average of about 1.5%. The yield on the dividend stocks in his portfolio was recently 4.5%.The notion of using dividends in retirement, either as a way to complement other financial assets, as Baker does, or perhaps rely on them for an even larger percentage of income, is drawing plenty of interest these days. Yields on many traditional income investments are now near historical lows, and the onus increasingly is on individuals to secure their postcareer income. The strategy has spawned something of a movement, encompassing investors of all ages and levels of sophistication. There areFacebookgroups devoted to the topic along with blogs, newsletters, books, and various other platforms.But these investors are not yourGameStoptraders or momentum players. They are in many cases diligent investors adopting sound strategies to build a portfolio for the long haul, investing sometimes $100 here or $50 there. They’re more like modern-day moms and pops.“A big appeal of dividends is really that it’s kind of psychologically easier to stay the course,” says Brian Bollinger, who in 2015 founded Simply Safe Dividends, which includes a monthly newsletter and tools for do-it-yourself dividend investors. “You are focusing on building this growing income stream regardless of market conditions.”Indeed, during last year’s pandemic-driven market rout and subsequent strong rally, dividend stocks lagged, and a number of big names cut or suspended their payouts. From when the market reached its prepandemic peak in February 2020 through the end of the year, the S&P 500 Dividend Aristocrats returned 8.1%, dividends included. Those companies, which have paid out higher dividends for at least 25 straight years, trailed the S&P 500’s 12.7% return over that stretch.Yield ShortageThe yield of a 50-50 portfolio of stocks and bonds, once a reliable source of income for retirees, has dwindledto below 2%.Source: Vanguard%Recessions are shaded4% represents a hypothetical annualportfolio withdrawal rate for a retiree.1994'952000'05'10'15'2012345But last year’s selloff and relative underperformance offered a chance for nimble dividend investors to add to holdings they considered to be undervalued. If you missed out, however, it’s not too late: Below, we identify 10 stocks with solid yields, consistent payouts, and seeming durability.A key force behind the burgeoning interest in retiring on dividends is ultralow interest rates. Even though the 10-year U.S. Treasury yield has touched 1.7% in recent days, passing the S&P 500’s average yield, interest rates remain low by historical standards. Other traditional income—generating investments like certificates of deposit and corporate bonds are also trading with historically low yields.“It used to be that retirees could live off the cash flows from a portfolio,” says Colleen Jaconetti, head of investment research at Vanguard Institutional Investor Group. “So, you never really had to think about where it came from.”She points out that in early 1995, a 50-50 stock and bond portfolio yielded a little more than 5%, above the 4% annual portfolio withdrawal rate that some advisors and investors use as a starting framework in retirement. That portfolio’s yield had fallen to 1.4% at the end of 2020.Such paltry yields can make dividend stocks an attractive investment centerpiece for retirees. They can offer nice yields, and unlike fixed bond coupons, dividends can grow to hedge inflation, which many experts expect to tick up.“People generally say that the sweet spot is somewhere between 2.5% and 4.5%” for dividend yields, “and I’m right in the middle of that at 3.6%,” says Dave Van Knapp, an active dividend-growth-investing blogger and investor who relies heavily on dividends in retirement.The 74-year-old Van Knapp, who worked in legal publishing, not only promotes the investment strategy but also shows it in action, posting one of his portfolios on a website called Daily Trade Alert. That portfolio—which had increased more than threefold from when he set it up in 2008, to $151,854 recently—has 28 stocks. They includeJohnson & Johnson(JNJ), PepsiCo, andProcter & Gamble(PG). He uses Social Security and a pension to complement his dividend income streams.“A lot of times, when people say I want to live off income in my retirement, many, many people—and the investment industry does this—immediately translate that to bonds,” says Van Knapp. “One of the breakthrough concepts of this [strategy] is that you can generate equity income.”One thing to keep in mind is that by eschewing bonds and focusing solely on stocks, investors are discarding an asset class that can provide important portfolio diversification.There are many ways to build a portfolio of dividend stocks, one of which entails assembling a collection of blue-chip issues, as Van Knapp’s portfolio does. Investors, however, need to consider the pros and cons of relying heavily on dividends in retirement—and there’s no shortage of each.“If you have a large enough portfolio, then buying a blue-chip amalgamation of companies like Procter & Gamble,Kimberly Clark,and so forth that produces enough income for you—you’re golden,” says Charles Lieberman, chief investment officer at Advisors Capital Management. “The conceptual issue is, do you buy a diversified portfolio and peel off assets on a regular basis in order to get cash, or do you invest for income and live off the income?”Many investors and financial advisors favor a total-return approach, in which a saver assembles a portfolio of growth stocks and dividend payers—and often bonds and other asset classes—and sometimes sells off assets in retirement to raise cash. Relying largely on stock dividends in retirement, to them, isn’t a feasible approach to amassing the principal necessary for a retirement that could last 30 years or more.“I don’t hear any advisors saying, ‘How do I build a dividend-paying portfolio that is going to cover 100% of my client’s income needs?’ ” says Katherine Roy, chief retirement strategist at J.P. Morgan Asset Management. “I just see so many more advisors building diversified portfolios that are oriented toward income, but they are looking for that growth potential, as well.”Jaconetti, too, is skeptical, pointing out that stocks with yields of 3% to 4%, though deemed attractive and safe by some investors, can pose a lot of risk, lead to overly concentrated portfolios, and create capital losses.“At any given time, there’s no way to say whether growth or value is going to outperform,” Jaconetti adds. “It’s not that you can’t have a lot of diversification within value. But you are most likely underweighting growth. And if growth is outperforming, then you are going to end up underperforming.”Still, several of the retirement dividend-investing practitionersBarron’sspoke with believe that it’s possible to actively manage a portfolio of dividend stocks for long-term capital return while minimizing the attendant risks.Once I fully understood the significance of dividends from quality companies, a priority focus for me was not to have to sell any shares of any holdings.— Retired aerospace engineer Bob Baker, 72Jenny Van Leeuwen Harrington, CEO and portfolio manager at Gilman Hill Asset Management, aims for a 5% yield plus capital appreciation in the firm’s equity income strategy. “You can get the 5% yield, but it doesn’t come easy or at a superlow cost” that an equity income exchange-traded fund charges, she says. “You need to work for it.”She citesVerizon Communications(VZ),IBM(IBM), andSL Green Realty(SLG) as examples of what she considers sound companies with attractive yields of at least 4.5%.Still, she says, relying solely on stock dividends in retirement isn’t for everyone. “It depends on the amount and what your spending is. That’s the equation,” says Harrington.Consider, for example, a retiree whose portfolio totals $200,000. A 3% yield on that would produce $6,000 a year—not very much, though it could be supplemented by Social Security or other income, if available.A $1.5 million portfolio, at a 3% yield, would generate annual income of $45,000, which, if combined with other sources like Social Security, could be sufficient.Higher yields, of course, are alluring to some investors, but they can signal value traps—where a stock that appears cheap can trade at depressed levels or decline for an extended period of time. Such stocks are the subject of much debate in dividend-investing circles, but investors should do their due diligence before deciding whether a high-yielding stock is worth the risk.“Only fundamental analysis reveals the real why [for a high yield] and if it’s a temporary dislocation or a real permanent decliner,” says Harrington, who adds that her clients “find emotional comfort in the consistency of those dividends.”Ultimately, an income-dependent retirement strategy isn’t foolproof or something to set and forget.“It still requires care,” says Lieberman. “Inevitably, there will be downdrafts in the market, and inevitably there will be a company or multiple companies that at some point cut their dividends, so then you have to adapt.”Reliable Retirement ReturnsThese are the types of companies that can offer retirees durable dividends and potenial growth.Company / TickerRecent PriceDividend YieldMarket Value (bil)Return Since 1/31/20205-Year Dividend Growth Rate*AT&T/ T$29.996.9%$215.4-14.5%2%Coca-Cola/ KO51.523.3222.0-8.04Consolidated Edison/ ED73.434.225.1-17.93International Business Machines/ IBM130.625.0116.7-3.15Johnson & Johnson/ JNJ161.912.5426.312.46Kellogg/ K62.593.721.3-5.73Procter & Gamble/ PG132.562.4326.49.03SL Green Realty/ SLG70.025.24.9-18.58U.S. Bancorp/ USB53.473.180.35.011Verizon Communications/ VZ57.014.4236.60.22Data as of 3/24/21. *AnnualizedSource: FactSetAnother factor to consider before pursuing a dividend-focused portfolio for retirement: Not every retiree or saver has the desire, prowess, or time to regularly focus on a stock portfolio. Using mutual funds or a financial advisor can make a lot more sense, their fees notwithstanding.But managing a portfolio of dividend stocks works well for some investors.“The key consideration was to have a comfortable income stream and not have to liquidate any equities in my portfolio to do so,” says Baker, the former aerospace engineer. “I tend to go into my portfolio every day. I’m retired. I have the time, and I enjoy doing it.”Dividend-paying stocks can make a lot of sense for retirees, many of whom face “very difficult investment decisions,” says David Katz, chief investment officer at Matrix Asset Advisors, pointing to low bond yields and rich valuations as major headwinds.Certain dividend stocks, he says, “should allow for a healthy and growing income stream and reasonable portfolio growth over time” while providing some downside protection when needed.Based on input from Katz and other financial pros, as well as our own research,Barron’scame up with a portfolio of 10 dividend-paying stocks that retirees should consider.AT&TAT&T(T) is one of the more-discussed stocks among dividend investors, as its yield, at about 7%, is much higher than most U.S companies. A concern that many investors have is the company’s hefty debt load.Such a high yield can be a reason for investors to exit, but the entertainment, tech, and telecom conglomerate has a long history of paying a dividend—it’s a member of the S&P 500 Dividend Aristocrats—and some analysts like its content library and foray into streaming.Company executives are showing their support for the dividend. In a March 12 release outlining the company’s strategy and financial outlook, CEO John Stankey said in part that AT&T is “committed to sustaining the dividend at current levels and utilizing cash after dividends to reduce debt.” Chief Financial Officer John Stephens expressed a similar commitment to the dividend at a conference on March 8. “With $26 billion of free cash flow after [capital expenditure], there’s plenty of money to pay out the dividend,” he said.The last time the company declared a quarterly dividend increase occurred in December 2019, more than a year ago, boosting it by a penny, to 52 cents a share. But AT&T looks like it’s on course to at least sustain the dividend.Coca-ColaIn the 1970s,Coca-Cola(KO) ran a series of TV advertisements built around the mantra “Coke adds life.” The beverage behemoth has added a lot of yield over the years, as well, and it continues to do so—with its stock recently yielding 3.3%.Coke managed to keep its quarterly dividend at 41 cents a share last year, even though the pandemic took a big toll on restaurants, one of the company’s key sales channels.Coke earned an adjusted $1.95 a share in 2020, down from $2.11 the previous year, as sales fell 11%, to $33 billion. Analysts polled by FactSet expect sales to rebound this year to $36.7 billion, still below 2019 levels, and for the company to earn $2.14 a share.Coca-Cola maintained its dividend during the pandemic, a testament to its durability even in rough times.GEORGE FREY/BLOOMBERGDespite the headwinds, Coke’s board in February declared a quarterly dividend of 42 cents a share, up by a penny, or 2.4%. The company paid out $7 billion in dividends to shareholders last year—includingBerkshIre Hathaway’sWarren Buffett, who has famously enjoyed the company’s products, and dividends, for years.In an investor presentation last month, Coke listed continuing to increase its dividend as its second-highest capital-allocation priority after reinvesting in its businesses.The stock is down about 5% this year, dividends included. Still, the company should be a big beneficiary of the economy’s reopening, and its payout history bodes well for the long term.Consolidated EdisonUtilities are often lauded by investors for their durability, resiliency, and big yields. The pandemic has posed a big test for the sector, however, andConsolidated Edison(ED), whose regulated utility footprint includes New York City as well as nearby Westchester and Rockland counties, was no exception.The company earned an adjusted $4.18 a share last year, down 5% from $4.38 in 2019, on an operating revenue decline of about 3% to a little more than $12.2 billion.Still, ConEd’s “regulated utility distribution business will still contribute over 90% of adjusted earnings over the next five years,” wrote Morningstar analyst Charles Fishman recently.Regulated utility businesses are generally regarded as durable and resilient, helping to fuel increases in earnings and dividends.ConEd has boosted its dividend for 47 straight years, most recently in January to $3.10 a share annually, up by four cents, or 1.3%. That’s below the 3.5% dividend increases the company has averaged in recent years, Fishman observes, “and we expect this level of increase over the next several years due to the economic impact of Covid-19.”But he calls the dividend secure, “considering the conservative strategy of the company’s nonutility businesses and the favorable regulatory framework for its New York utilities.”Katz believes that the “stock will probably get a lift as a reopening play and a New York City recovery.”IBMIBM shares have returned about 5% this year, slightly ahead of the S&P 500, but they’ve been a laggard over longer periods owing to disappointing financial results, including weak revenue growth.But the company has been trying to change that. In 2019, for example, IBM acquired Red Hat, which offers customers a hybrid cloud platform, for about $33 billion using a combination of debt and cash. Red Hat’s sales grew 18% on a normalized basis in 2020, CEO Arvind Krishna told analysts in January. That should help solidify the dividend and grow it modestly.Gilman Hill’s Harrington sees Red Hat’s “hybrid cloud IT strategies” becoming “an increasingly meaningful driver of total revenue growth” for the company. It’s “a stock everyone loves to hate,” she says, “and, as a result, [it] has been written off.”On the plus side, the stock yields 5%, and the company has said that it’s committed to the dividend. IBM earlier this year was admitted to the S&P 500 Dividend Aristocrats—demonstrating the consistency of dividend growth that retirement savers and retirees need for the long haul.Johnson & JohnsonWith its diversified mix of businesses, Johnson & Johnson throws off a lot of free cash flow, giving it the wherewithal to maintain its dividend and boost it through thick and thin.Case in point: Last April, as the pandemic was forcing many companies to slash or eliminate their dividends, J&J declared a quarterly payout of $1.01 a share, up 6% from 95 cents. This came even as one of its key business units, medical devices, came under pressure as customers put off elective surgeries due to the pandemic.Last year, the company, whose businesses also include consumer products and prescription drugs, paid out about $10.5 billion in dividends, or roughly half of its free cash flow.Morningstar analyst Damien Conover likes J&J’s “diverse revenue base, a developing research pipeline, and exceptional cash flow generation”—three attributes that should support the dividend and keep it growing.KelloggKellogg(K), whose signature brands include Special K, Rice Krispies, and Pringles, has lagged behind the market this year with a flattish return. But the company’s foundation looks sound, helped by its plant-based proteins under the Morningstar Farms Incogmeato label and others.The company notched organic sales growth of 6% in 2020, lifted by gains across all of its regions globally and its four major product categories: snacks, cereal, frozen food, and noodles. That helped offset headwinds that included Covid-19 and divestitures.What’s more, Kellogg paid a quarterly dividend of 57 cents a share throughout the pandemic-challenged year, and it plans to boost it by a penny in the second quarter. The stock was recently yielding 3.7%.“This means returning more cash to share owners, and it reflects our confidence in the business,” CFO Amit Banati told analysts during the company’s fourth-quarter earnings call in February.The company earned $4.03 a share on an adjusted basis last year, up fractionally from $4 in 2019, and the FactSet consensus for this year is $4.01 a share. It recently fetched 15.3 times its FactSet consensus adjusted 2021 profit estimate.Katz describes Kellogg as a “top-tier consumer-staples company selling at a very attractive valuation.”Procter & GambleP&G, a consumer-products giant whose brands include Bounty paper towels and Charmin toilet paper, proved its dividend mettle in 2020.Last April, it declared a quarterly payout of 79.07 cents a share, an increase of 6%. The stock yields 2.4%.Operating chief Jon Moeller told analysts in January that the company had built momentum before the pandemic. That gave P&G confidence, he said, “to increase our dividend at the highest rate in many years, even as we struggled with new Covid realities.”The company ultimately benefited from heady sales of lockdown items such paper towels. Analysts surveyed by FactSet expect the company to earn $5.70 a share in its current fiscal year, which ends in June, up from $5.12 last year—testament to P&G’s durability and the health of its dividend.SL Green RealtyReal estate investment trusts, which are required to pay out at least 90% of their taxable income as dividends, are popular among income investors. This REIT could prove particularly popular postpandemic.SL Green, which owns a lot of high-profile Manhattan office buildings, is down 18.5% since last January, before the pandemic began. The company has been hit as tenants grapple with weak occupancies and many employees continue to work from home a year into the pandemic.“People were worried about workers never coming back to work in offices in New York City. I think that’s very unlikely,” says Charles Lieberman of Advisors Capital Management.He views SL Green as a good way to play the economy’s reopening. SL Green shares have been on the road to recovery, returning about 15% this year alone. The stock was recently yielding 5.2%.In March, in addition to declaring a monthly dividend of 30.33 cents a share, the company issued a special dividend of just under $1.70 a share for a total dividend of $2 a share. However, the special was paid in the form of the company’s stock—though shareholders could ask to be paid fully in cash.U.S. BancorpShares ofU.S. Bancorp(USB) have returned about 15% this year, and around 75% over the past year—and they may have room to run.Katz calls it a “top-tier super-regional bank” that’s well capitalized with a strong loan portfolio and good credit quality. “We expect them to fully benefit from an improving economy and a steepening yield curve.”The bank has several segments, giving its revenue mix some diversification: corporate and commercial banking; consumer and business banking, wealth management and investments; payment services, including for credit and debit cards; and treasury and other support for companies.The stock pays a quarterly dividend of 42 cents a share, for a yield around 3%. And that’s not all. Even though the stock has a double-digit return this year, it hasn’t done quite as well as peers such asTruist Financial(TFC) andKeyCorp(KEY). “It’s due for a catch-up trade higher,” says Katz.Verizon CommunicationsThe stock, which yields 4.4%, changes hands a reasonable 11 times the $5.06 FactSet consensus adjusted 2021 profit estimate. That estimate is up 3% from the $4.90 per share earnings last year.“Consensus is for low-single digits earnings growth, but we think that will prove too conservative and hasn’t adjusted for management’s revenue-growth guidance,” says Harrington.The company’s guidance includes 2%-plus annual service and revenue growth this year and 3%-plus in 2022 and 2023.Verizon “should benefit from an improving economy and 5G rollout,” says Katz. He adds that it “can comfortably manage through the cost of the recent and very expensive spectrum auction” for government-issued licenses that allow telecom firms to increase their network capabilities.At its investor day earlier in March, Verizon said that it was committed to its dividend, which it listed as its second capital-allocation priority after investing in the business. Verizon’s most recent dividend increase was last September, when it went to 62.75 cents a share, up 2% from 61.5 cents.If the company can hold true to its commitment, that should keep the dividend rising and make the stock one that can be relied on for income in retirement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324183403,"gmtCreate":1615974437102,"gmtModify":1704789131545,"author":{"id":"3576651306281638","authorId":"3576651306281638","name":"lyzh","avatar":"https://community-static.tradeup.com/news/e7518576381bd14a9b16bde1b34fdfa5","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576651306281638","authorIdStr":"3576651306281638"},"themes":[],"htmlText":"I’m buying!","listText":"I’m buying!","text":"I’m buying!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324183403","repostId":"1176917984","repostType":4,"repost":{"id":"1176917984","kind":"news","pubTimestamp":1615969473,"share":"https://ttm.financial/m/news/1176917984?lang=&edition=fundamental","pubTime":"2021-03-17 16:24","market":"us","language":"en","title":"NIO: Buy The Next Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=1176917984","media":"seekingalpha","summary":"Summary\n\n2020 was a bumper year for NIO, with significant improvements on revenue and cost metrics.\n","content":"<p><b>Summary</b></p>\n<ul>\n <li>2020 was a bumper year for NIO, with significant improvements on revenue and cost metrics.</li>\n <li>NIO’s 4Q profit was affected by the strong yuan and weak dollar.</li>\n <li>The management's international expansion plan and the tightening global supply chain have loomed over its 2021 performance.</li>\n <li>Compared with Toyota and even Apple, NIO is not looking so expensive anymore.</li>\n <li>Long-term EV investors should take advantage of the next dip.</li>\n</ul>\n<p><b>Top-down glance</b></p>\n<p>According to itsfourth quarter earnings statement, NIO Inc. delivered 17,353 vehicles in 4Q 2020, a QoQ increase of around 42%. The company’s vehicle sales generated USD 946.2 million, a YoY increase of 130%. The total revenues were over USD 1.01 billion, a YoY increase of 133.2%. According to the company, “The increase in vehicle sales over the third quarter of 2020 was mainly attributed to the sales of EC6s which began deliveries in late September 2020.”<i>In short, the most important indicator of judging EV stocks, revenue growth, beat the Street’s estimates.</i></p>\n<p>Glancing over the income statement, as the size effect showed,<i>NIO’sgross marginwas 17.2% in Q4 2020, compared with a negative 8.9% from the prior year.</i>In terms of operating expenses, 4Q 2020 R&D expenses were CNY 829.4 million, decreasing by 19.2% YoY, increasing by 40.4% QoQ. The drop in R&D expenses year-over-year resulted from the EC6’s R&D finished process before September 2020. Besides, the company's overall cost-saving initiatives and improved operational efficiency also contributed to the decrease in operating expenses.</p>\n<p><img src=\"https://static.tigerbbs.com/da4620e75880271bd33c5c0726f428c2\" tg-width=\"640\" tg-height=\"395\">Likewise, the slide in SG&A expenses YoY was primarily driven by the company's overall cost-saving efforts and improved operational efficiency. Specifically, SG&A expenses for the same period were CNY 1.2 billion (USD 185 million), decreasing by 21.9% YoY, increasing by 28.3% QoQ. In addition, the firm explained that “loss from operations in the fourth quarter was CNY 931.4 million (or USD 142.7 million), representing a decrease of 67% YoY and a decrease of 1.5% QoQ.”</p>\n<p>Our thoughts on 2021:Still burning cash to bolster growth</p>\n<p><i>NIO’s 2021 strategy is to acquire more orders through expansive services including wider sales networks, a vast charging network of supercharging and swapping stations, and after-sales services. This strategic decision will increase the burn rate of cash flow.</i></p>\n<p>Besides, we expect the R&D fee to increase massively as the ET7 research and development proceed. The management claims the decrease in R&D expenditure YoY was due to the less cost of new car development. Given that NIO is in the process of developing the ET7 based on the new technology 2.0 platform, it is natural to consider that the R&D fee will rebound significantly in 2021.</p>\n<p>The SG&A fee will be much higher than the prior year with sales and charging network expansions. According to the earnings call, NIO now has 23 NIO Houses and 303 NIO Spaces, covering 121 cities in China. It also plans to open 20 new NIO Houses and 120 new NIO Spaces in 2021. More importantly, the management’s attitude is clear that they will build a store in cities where BBA 4S stores are located. Other than the sales network, NIO prepares to enlarge charging infrastructures to ramp up to at least 500 power swap stations in total. Specifically, the current network owns 127 power charger stations and over 1,700 destination chargers, which will reach 600 and 15,000 respectively by the end of 2021.</p>\n<p>Investors should be careful about the 2Q deliveries</p>\n<p><i>Production capacity will be constrained by chip and battery shortage at least in the second quarter, NIO’s CEO William Li indicated</i>. Li explained two factors: self-production and supply chain capacity will decide NIO’s real production capacity. He added that 1Q’s supply is enough but remained uncertain about 2Q’s supplies. But they still maintain a monthly delivery target of over 7,000 for 2Q 2021.</p>\n<p>Under the global supply chain turmoil, many reasons caused the chip and battery shortage. More recently, Samsung(OTC:SSNLF), NXP(NASDAQ:NXPI), and Infineon(OTCQX:IFNNY)chip fabsshut downin Texas.<i>However, the future impact on EV production is unclear as there is usually a 5-6 month lag before shipping components from upstream to the EV makers</i>. Furthermore, the world’s biggest foundry – TSMC(NYSE:TSM)–promisedto give priority to auto semiconductor manufacturing. So investors should take a look at the real effects by the middle of 2021.</p>\n<p>From the company to the stock</p>\n<p>Over the last two months, NIO has had a bleak performance.<i>Technically speaking, the stock has been oversold on several indicators. From another perspective, the benchmark which I used to gauge the stock, forward PS ratio, doesn’t suggest that NIO is expensive from a longer-term point of view on sales.</i></p>\n<p>Under the current market cap, NIO will maintain 3.8x sales in 2025 (as of March 16, 2021). The assumption is that only 20% of car sales in China will be EV by that time. By contrast, Apple(NASDAQ:AAPL), a consumer electronics company will maintain 5x revenue, even though its products, such as smartphones and PCs, face much lower growth than EVs. Besides, ICE car maker Toyota(NYSE:TM)is trading at a 1.75x 2021 PS ratio which is a good reference for a mature car maker's growth prospect.</p>\n<p>For EVs in 2030, NIO’s multiples will decline to around 2.<i>By that time, a reasonable assumption is that China’s EV penetration rate will not pass 50%, undoubtedly meaning there are still huge sales opportunities.So 2 is not a justifiable multiple for NIO</i>. That being said, the consideration is whether NIO can reach the sales targets. It’s hard to argue this, but what we know for now is that the company is the leader in this sector. For investors interested in the EV sector for the long term, pioneers like Tesla(NASDAQ:TSLA)and NIO are assuredly the top selections.</p>\n<p><img src=\"https://static.tigerbbs.com/a6a248c03e41add5a241b4a4c665fbd9\" tg-width=\"640\" tg-height=\"397\"><b>In a nutshell</b></p>\n<p>As NIO is facing global supply chain chaos, the company might not give satisfactory delivery figures in 2021. In addition, its heavy SG&A and R&D expense and EU expansion plan will further accelerate cash burning.</p>\n<p><i>NIO will probably not bring any net income to its investors in the next two or three years. One key fact that investors need to realize is that perhaps the craze around EVs (which wewitnessedin 2020) has passed and will never be repeated. For those long-term 'EV believers,' NIO is a candidate to be considered as a priority. Since our last NIO piece, the stock has rallied 24%, we thereby recommend being neutral on it at the current levels and buying the next dip.</i></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO: Buy The Next Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO: Buy The Next Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 16:24 GMT+8 <a href=https://seekingalpha.com/article/4414461-nio-buy-next-dip><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\n2020 was a bumper year for NIO, with significant improvements on revenue and cost metrics.\nNIO’s 4Q profit was affected by the strong yuan and weak dollar.\nThe management's international ...</p>\n\n<a href=\"https://seekingalpha.com/article/4414461-nio-buy-next-dip\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4414461-nio-buy-next-dip","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1176917984","content_text":"Summary\n\n2020 was a bumper year for NIO, with significant improvements on revenue and cost metrics.\nNIO’s 4Q profit was affected by the strong yuan and weak dollar.\nThe management's international expansion plan and the tightening global supply chain have loomed over its 2021 performance.\nCompared with Toyota and even Apple, NIO is not looking so expensive anymore.\nLong-term EV investors should take advantage of the next dip.\n\nTop-down glance\nAccording to itsfourth quarter earnings statement, NIO Inc. delivered 17,353 vehicles in 4Q 2020, a QoQ increase of around 42%. The company’s vehicle sales generated USD 946.2 million, a YoY increase of 130%. The total revenues were over USD 1.01 billion, a YoY increase of 133.2%. According to the company, “The increase in vehicle sales over the third quarter of 2020 was mainly attributed to the sales of EC6s which began deliveries in late September 2020.”In short, the most important indicator of judging EV stocks, revenue growth, beat the Street’s estimates.\nGlancing over the income statement, as the size effect showed,NIO’sgross marginwas 17.2% in Q4 2020, compared with a negative 8.9% from the prior year.In terms of operating expenses, 4Q 2020 R&D expenses were CNY 829.4 million, decreasing by 19.2% YoY, increasing by 40.4% QoQ. The drop in R&D expenses year-over-year resulted from the EC6’s R&D finished process before September 2020. Besides, the company's overall cost-saving initiatives and improved operational efficiency also contributed to the decrease in operating expenses.\nLikewise, the slide in SG&A expenses YoY was primarily driven by the company's overall cost-saving efforts and improved operational efficiency. Specifically, SG&A expenses for the same period were CNY 1.2 billion (USD 185 million), decreasing by 21.9% YoY, increasing by 28.3% QoQ. In addition, the firm explained that “loss from operations in the fourth quarter was CNY 931.4 million (or USD 142.7 million), representing a decrease of 67% YoY and a decrease of 1.5% QoQ.”\nOur thoughts on 2021:Still burning cash to bolster growth\nNIO’s 2021 strategy is to acquire more orders through expansive services including wider sales networks, a vast charging network of supercharging and swapping stations, and after-sales services. This strategic decision will increase the burn rate of cash flow.\nBesides, we expect the R&D fee to increase massively as the ET7 research and development proceed. The management claims the decrease in R&D expenditure YoY was due to the less cost of new car development. Given that NIO is in the process of developing the ET7 based on the new technology 2.0 platform, it is natural to consider that the R&D fee will rebound significantly in 2021.\nThe SG&A fee will be much higher than the prior year with sales and charging network expansions. According to the earnings call, NIO now has 23 NIO Houses and 303 NIO Spaces, covering 121 cities in China. It also plans to open 20 new NIO Houses and 120 new NIO Spaces in 2021. More importantly, the management’s attitude is clear that they will build a store in cities where BBA 4S stores are located. Other than the sales network, NIO prepares to enlarge charging infrastructures to ramp up to at least 500 power swap stations in total. Specifically, the current network owns 127 power charger stations and over 1,700 destination chargers, which will reach 600 and 15,000 respectively by the end of 2021.\nInvestors should be careful about the 2Q deliveries\nProduction capacity will be constrained by chip and battery shortage at least in the second quarter, NIO’s CEO William Li indicated. Li explained two factors: self-production and supply chain capacity will decide NIO’s real production capacity. He added that 1Q’s supply is enough but remained uncertain about 2Q’s supplies. But they still maintain a monthly delivery target of over 7,000 for 2Q 2021.\nUnder the global supply chain turmoil, many reasons caused the chip and battery shortage. More recently, Samsung(OTC:SSNLF), NXP(NASDAQ:NXPI), and Infineon(OTCQX:IFNNY)chip fabsshut downin Texas.However, the future impact on EV production is unclear as there is usually a 5-6 month lag before shipping components from upstream to the EV makers. Furthermore, the world’s biggest foundry – TSMC(NYSE:TSM)–promisedto give priority to auto semiconductor manufacturing. So investors should take a look at the real effects by the middle of 2021.\nFrom the company to the stock\nOver the last two months, NIO has had a bleak performance.Technically speaking, the stock has been oversold on several indicators. From another perspective, the benchmark which I used to gauge the stock, forward PS ratio, doesn’t suggest that NIO is expensive from a longer-term point of view on sales.\nUnder the current market cap, NIO will maintain 3.8x sales in 2025 (as of March 16, 2021). The assumption is that only 20% of car sales in China will be EV by that time. By contrast, Apple(NASDAQ:AAPL), a consumer electronics company will maintain 5x revenue, even though its products, such as smartphones and PCs, face much lower growth than EVs. Besides, ICE car maker Toyota(NYSE:TM)is trading at a 1.75x 2021 PS ratio which is a good reference for a mature car maker's growth prospect.\nFor EVs in 2030, NIO’s multiples will decline to around 2.By that time, a reasonable assumption is that China’s EV penetration rate will not pass 50%, undoubtedly meaning there are still huge sales opportunities.So 2 is not a justifiable multiple for NIO. That being said, the consideration is whether NIO can reach the sales targets. It’s hard to argue this, but what we know for now is that the company is the leader in this sector. For investors interested in the EV sector for the long term, pioneers like Tesla(NASDAQ:TSLA)and NIO are assuredly the top selections.\nIn a nutshell\nAs NIO is facing global supply chain chaos, the company might not give satisfactory delivery figures in 2021. In addition, its heavy SG&A and R&D expense and EU expansion plan will further accelerate cash burning.\nNIO will probably not bring any net income to its investors in the next two or three years. One key fact that investors need to realize is that perhaps the craze around EVs (which wewitnessedin 2020) has passed and will never be repeated. For those long-term 'EV believers,' NIO is a candidate to be considered as a priority. Since our last NIO piece, the stock has rallied 24%, we thereby recommend being neutral on it at the current levels and buying the next dip.","news_type":1},"isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328996541,"gmtCreate":1615477757783,"gmtModify":1704783441784,"author":{"id":"3576651306281638","authorId":"3576651306281638","name":"lyzh","avatar":"https://community-static.tradeup.com/news/e7518576381bd14a9b16bde1b34fdfa5","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576651306281638","authorIdStr":"3576651306281638"},"themes":[],"htmlText":"Happiness ","listText":"Happiness ","text":"Happiness","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328996541","repostId":"2118677018","repostType":2,"repost":{"id":"2118677018","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1615472839,"share":"https://ttm.financial/m/news/2118677018?lang=&edition=fundamental","pubTime":"2021-03-11 22:27","market":"us","language":"en","title":"If You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2118677018","media":"Benzinga","summary":"Have you ever thought about what your returns would be today if you invested in Tesla Motors 10 years ago?Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and bu","content":"<p><img src=\"https://static.tigerbbs.com/1c434325fc9d83bd73e4dee58168cecf\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.</p>\n<p>This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.</p>\n<p>In 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.</p>\n<p>On March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.</p>\n<p>Back in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.</p>\n<p>In 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.</p>\n<p>Since reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become <a href=\"https://laohu8.com/S/AONE\">one</a> of the top electric car manufacturers in the world.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-03-11 22:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/1c434325fc9d83bd73e4dee58168cecf\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.</p>\n<p>This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.</p>\n<p>In 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.</p>\n<p>On March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.</p>\n<p>Back in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.</p>\n<p>In 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.</p>\n<p>Since reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become <a href=\"https://laohu8.com/S/AONE\">one</a> of the top electric car manufacturers in the world.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118677018","content_text":"Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.\nThis company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.\nIn 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.\nOn March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.\nBack in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.\nIn 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.\nSince reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become one of the top electric car manufacturers in the world.","news_type":1},"isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321721191,"gmtCreate":1615471862613,"gmtModify":1704783227931,"author":{"id":"3576651306281638","authorId":"3576651306281638","name":"lyzh","avatar":"https://community-static.tradeup.com/news/e7518576381bd14a9b16bde1b34fdfa5","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576651306281638","authorIdStr":"3576651306281638"},"themes":[],"htmlText":"A good year to start!","listText":"A good year to start!","text":"A good year to start!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321721191","repostId":"2118998484","repostType":4,"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321720488,"gmtCreate":1615471685444,"gmtModify":1704783224160,"author":{"id":"3576651306281638","authorId":"3576651306281638","name":"lyzh","avatar":"https://community-static.tradeup.com/news/e7518576381bd14a9b16bde1b34fdfa5","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576651306281638","authorIdStr":"3576651306281638"},"themes":[],"htmlText":"Awesome!","listText":"Awesome!","text":"Awesome!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321720488","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615452861,"share":"https://ttm.financial/m/news/1199156489?lang=&edition=fundamental","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Daylight Saving Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Daylight Saving Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-11 16:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":324183403,"gmtCreate":1615974437102,"gmtModify":1704789131545,"author":{"id":"3576651306281638","authorId":"3576651306281638","name":"lyzh","avatar":"https://community-static.tradeup.com/news/e7518576381bd14a9b16bde1b34fdfa5","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576651306281638","authorIdStr":"3576651306281638"},"themes":[],"htmlText":"I’m buying!","listText":"I’m buying!","text":"I’m buying!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324183403","repostId":"1176917984","repostType":4,"isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321721191,"gmtCreate":1615471862613,"gmtModify":1704783227931,"author":{"id":"3576651306281638","authorId":"3576651306281638","name":"lyzh","avatar":"https://community-static.tradeup.com/news/e7518576381bd14a9b16bde1b34fdfa5","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576651306281638","authorIdStr":"3576651306281638"},"themes":[],"htmlText":"A good year to start!","listText":"A good year to start!","text":"A good year to start!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321721191","repostId":"2118998484","repostType":4,"repost":{"id":"2118998484","kind":"news","pubTimestamp":1615469126,"share":"https://ttm.financial/m/news/2118998484?lang=&edition=fundamental","pubTime":"2021-03-11 21:25","market":"us","language":"en","title":"Should You Invest in Crypto Stocks Right Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2118998484","media":"Motley Fool","summary":"Crypto stocks can be a great investment, but they're not for everyone.","content":"<p>Crypto stocks can be a great investment, but they're not for everyone.</p>\n<p>As <b>Bitcoin</b> (CRYPTO:BTC) continues its upward climb, many investors have their eyes on cryptocurrencies. Bitcoin has soared more than 77% since the beginning of the year.<b>Dogecoin</b>, another popular cryptocurrency, has skyrocketed more than 950% so far this year. With incredible run-ups like these, it's becoming hard to ignore cryptocurrencies.</p>\n<p>However, they aren't the right investment for everyone. Although they have the potential to make investors a lot of money, they also carry a significant amount of risk. Before you invest in crypto stocks, here's what you need to know.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2466df7b01d72b0fdd4a2a9ef44fc53c\" tg-width=\"2000\" tg-height=\"1356\"><span>Image source: Getty Images.</span></p>\n<p><b>What are crypto stocks?</b></p>\n<p>First, it's important to understand the difference between crypto stocks and cryptocurrencies themselves. It's possible to invest directly in digital currencies, like Bitcoin or Dogecoin, by buying tokens. Or you can invest in a stock that's heavily invested in cryptocurrency or is building the technology behind it. Some of these stocks include:</p>\n<ul>\n <li><b>Tesla</b>(NASDAQ:TSLA)<b>:</b> CEO Elon Musk announced that the company would be buying $1.5 billion worth of Bitcoin. Musk also revealed that in the future, Tesla plans to start accepting Bitcoin as a form of payment.</li>\n <li><b>Square</b>(NYSE:SQ)<b>:</b> The fintech company recently announced it was buying $170 million worth of Bitcoin, in addition to its $50 million purchase last year. Square has also accepted Bitcoin as payment since 2014, and CEO Jack Dorsey is a longtime advocate for the cryptocurrency.</li>\n <li><b><a href=\"https://laohu8.com/S/CRM\">Salesforce</a></b>(NYSE:CRM)<b>:</b> While Salesforce itself is not heavily invested in cryptocurrency, it creates blockchain solutions, which is the infrastructure behind cryptocurrencies. In order for Bitcoin and other digital currencies to succeed, they'll require widespread adoption. If Bitcoin becomes widely accepted, Salesforce could benefit, as well.</li>\n</ul>\n<p>Investing in crypto stocks and cryptocurrencies themselves can be risky. So before you invest, it's important to weigh the pros and cons.</p>\n<p><b>Are crypto stocks right for you?</b></p>\n<p>One advantage of investing in these stocks is that they're less risky than investing directly in cryptocurrencies, which are incredibly volatile and carry a lot of risk. For example, despite Bitcoin's skyrocketing price over the last few months, it also lost close to 80% of its value at <a href=\"https://laohu8.com/S/AONE\">one</a> point.</p>\n<p>Bill Gates has also warned against Bitcoin, recently telling Bloomberg that: \"[I]f you have less money than Elon [Musk] you should probably watch out.\"</p>\n<p>Nobody knows what will happen with cryptocurrencies over the long term. Bitcoin could become the world's most popular <a href=\"https://laohu8.com/S/AONE.U\">one</a>, or it could crash and burn. That uncertainty makes it an incredibly risky investment, and not all investors have the stomach for that type of volatility.</p>\n<p>Crypto stocks are generally less volatile, because cryptocurrency is only one part of their overall business. There are plenty of reasons to invest in Salesforce, for example, outside of its crypto business. Even if cryptocurrencies don't become mainstream, Salesforce will likely still be a strong company.</p>\n<p><b>What to look for in a crypto stock</b></p>\n<p>If you're considering investing in these types of stocks, the best thing you can do is look at the underlying business fundamentals. In other words, don't invest in a stock simply because the company is heavily invested in cryptocurrency. If the company itself is strong, it will likely be a good investment regardless.</p>\n<p>Look at factors like the company's revenue growth and profitability, its competitive advantage in its industry, and its leadership team. If all of these factors are favorable, it's more likely to be a solid investment. The crypto aspect of the business is just an extra advantage.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bbfcc450a3f22407268561f7a39efc35\" tg-width=\"2000\" tg-height=\"1250\"><span>Image source: Getty Images.</span></p>\n<p>Finally, if you choose to invest in crypto stocks, make sure they're part of a well-diversified portfolio. Even the strongest ones aren't immune to volatility, so it's important to avoid putting all your eggs in one basket, so to speak.</p>\n<p>Aim to invest in at least 10 to 15 different companies from a variety of industries. This way, you can limit your risk in the event that your crypto stocks take a turn for the worse.</p>\n<p>Investing in crypto stocks can be a good way to invest in Bitcoin without investing in the cryptocurrency itself. By doing your research and investing in solid long-term investments, you can reap the rewards of the crypto movement without putting your money at risk.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should You Invest in Crypto Stocks Right Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShould You Invest in Crypto Stocks Right Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 21:25 GMT+8 <a href=https://www.fool.com/investing/2021/03/11/should-you-invest-in-crypto-stocks-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto stocks can be a great investment, but they're not for everyone.\nAs Bitcoin (CRYPTO:BTC) continues its upward climb, many investors have their eyes on cryptocurrencies. Bitcoin has soared more ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/11/should-you-invest-in-crypto-stocks-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/03/11/should-you-invest-in-crypto-stocks-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118998484","content_text":"Crypto stocks can be a great investment, but they're not for everyone.\nAs Bitcoin (CRYPTO:BTC) continues its upward climb, many investors have their eyes on cryptocurrencies. Bitcoin has soared more than 77% since the beginning of the year.Dogecoin, another popular cryptocurrency, has skyrocketed more than 950% so far this year. With incredible run-ups like these, it's becoming hard to ignore cryptocurrencies.\nHowever, they aren't the right investment for everyone. Although they have the potential to make investors a lot of money, they also carry a significant amount of risk. Before you invest in crypto stocks, here's what you need to know.\nImage source: Getty Images.\nWhat are crypto stocks?\nFirst, it's important to understand the difference between crypto stocks and cryptocurrencies themselves. It's possible to invest directly in digital currencies, like Bitcoin or Dogecoin, by buying tokens. Or you can invest in a stock that's heavily invested in cryptocurrency or is building the technology behind it. Some of these stocks include:\n\nTesla(NASDAQ:TSLA): CEO Elon Musk announced that the company would be buying $1.5 billion worth of Bitcoin. Musk also revealed that in the future, Tesla plans to start accepting Bitcoin as a form of payment.\nSquare(NYSE:SQ): The fintech company recently announced it was buying $170 million worth of Bitcoin, in addition to its $50 million purchase last year. Square has also accepted Bitcoin as payment since 2014, and CEO Jack Dorsey is a longtime advocate for the cryptocurrency.\nSalesforce(NYSE:CRM): While Salesforce itself is not heavily invested in cryptocurrency, it creates blockchain solutions, which is the infrastructure behind cryptocurrencies. In order for Bitcoin and other digital currencies to succeed, they'll require widespread adoption. If Bitcoin becomes widely accepted, Salesforce could benefit, as well.\n\nInvesting in crypto stocks and cryptocurrencies themselves can be risky. So before you invest, it's important to weigh the pros and cons.\nAre crypto stocks right for you?\nOne advantage of investing in these stocks is that they're less risky than investing directly in cryptocurrencies, which are incredibly volatile and carry a lot of risk. For example, despite Bitcoin's skyrocketing price over the last few months, it also lost close to 80% of its value at one point.\nBill Gates has also warned against Bitcoin, recently telling Bloomberg that: \"[I]f you have less money than Elon [Musk] you should probably watch out.\"\nNobody knows what will happen with cryptocurrencies over the long term. Bitcoin could become the world's most popular one, or it could crash and burn. That uncertainty makes it an incredibly risky investment, and not all investors have the stomach for that type of volatility.\nCrypto stocks are generally less volatile, because cryptocurrency is only one part of their overall business. There are plenty of reasons to invest in Salesforce, for example, outside of its crypto business. Even if cryptocurrencies don't become mainstream, Salesforce will likely still be a strong company.\nWhat to look for in a crypto stock\nIf you're considering investing in these types of stocks, the best thing you can do is look at the underlying business fundamentals. In other words, don't invest in a stock simply because the company is heavily invested in cryptocurrency. If the company itself is strong, it will likely be a good investment regardless.\nLook at factors like the company's revenue growth and profitability, its competitive advantage in its industry, and its leadership team. If all of these factors are favorable, it's more likely to be a solid investment. The crypto aspect of the business is just an extra advantage.\nImage source: Getty Images.\nFinally, if you choose to invest in crypto stocks, make sure they're part of a well-diversified portfolio. Even the strongest ones aren't immune to volatility, so it's important to avoid putting all your eggs in one basket, so to speak.\nAim to invest in at least 10 to 15 different companies from a variety of industries. This way, you can limit your risk in the event that your crypto stocks take a turn for the worse.\nInvesting in crypto stocks can be a good way to invest in Bitcoin without investing in the cryptocurrency itself. By doing your research and investing in solid long-term investments, you can reap the rewards of the crypto movement without putting your money at risk.","news_type":1},"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321720488,"gmtCreate":1615471685444,"gmtModify":1704783224160,"author":{"id":"3576651306281638","authorId":"3576651306281638","name":"lyzh","avatar":"https://community-static.tradeup.com/news/e7518576381bd14a9b16bde1b34fdfa5","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576651306281638","authorIdStr":"3576651306281638"},"themes":[],"htmlText":"Awesome!","listText":"Awesome!","text":"Awesome!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321720488","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615452861,"share":"https://ttm.financial/m/news/1199156489?lang=&edition=fundamental","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Daylight Saving Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Daylight Saving Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-11 16:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":398040722833856,"gmtCreate":1738203305865,"gmtModify":1738203309612,"author":{"id":"3576651306281638","authorId":"3576651306281638","name":"lyzh","avatar":"https://community-static.tradeup.com/news/e7518576381bd14a9b16bde1b34fdfa5","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576651306281638","authorIdStr":"3576651306281638"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> up from here only!!","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> up from here only!!","text":"$Tesla Motors(TSLA)$ up from here only!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/398040722833856","isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354652876,"gmtCreate":1617170171295,"gmtModify":1704696745220,"author":{"id":"3576651306281638","authorId":"3576651306281638","name":"lyzh","avatar":"https://community-static.tradeup.com/news/e7518576381bd14a9b16bde1b34fdfa5","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576651306281638","authorIdStr":"3576651306281638"},"themes":[],"htmlText":"Good information!","listText":"Good information!","text":"Good information!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354652876","repostId":"1166961889","repostType":4,"repost":{"id":"1166961889","kind":"news","pubTimestamp":1617156802,"share":"https://ttm.financial/m/news/1166961889?lang=&edition=fundamental","pubTime":"2021-03-31 10:13","market":"us","language":"en","title":"10 Stocks to Build an Income Stream for the Long Haul.","url":"https://stock-news.laohu8.com/highlight/detail?id=1166961889","media":"Market Wacth","summary":"Bob Baker, a retired aerospace engineer, regularly taps his small pension and Social Security income","content":"<p>Bob Baker, a retired aerospace engineer, regularly taps his small pension and Social Security income to help cover his living expenses.</p><p>But he also relies on a steady dose of stock dividends, something he started to zero in on when he retired in 2015. “Once I fully understood the significance of dividends from quality companies, a priority focus for me was not to have to sell any shares of any holdings,” says Baker, 72, who lives in northern Virginia with his wife.</p><p>Dividends from his retirement accounts are transferred every month into a taxable account to cover required minimum distributions, or RMDs—which kick in after a retiree hits 72, up from age 70½ previously. His holdings includePepsiCo(ticker: PEP),CVS Health(CVS), andPrudential Financial(PRU)—longtime dividend payers that sport yields well above theS&P 500index’s average of about 1.5%. The yield on the dividend stocks in his portfolio was recently 4.5%.</p><p>The notion of using dividends in retirement, either as a way to complement other financial assets, as Baker does, or perhaps rely on them for an even larger percentage of income, is drawing plenty of interest these days. Yields on many traditional income investments are now near historical lows, and the onus increasingly is on individuals to secure their postcareer income. The strategy has spawned something of a movement, encompassing investors of all ages and levels of sophistication. There areFacebookgroups devoted to the topic along with blogs, newsletters, books, and various other platforms.</p><p><img src=\"https://static.tigerbbs.com/87d47a63a4c8bee81dd0af14d95ae412\" tg-width=\"620\" tg-height=\"636\" referrerpolicy=\"no-referrer\"></p><p>But these investors are not yourGameStoptraders or momentum players. They are in many cases diligent investors adopting sound strategies to build a portfolio for the long haul, investing sometimes $100 here or $50 there. They’re more like modern-day moms and pops.</p><p>“A big appeal of dividends is really that it’s kind of psychologically easier to stay the course,” says Brian Bollinger, who in 2015 founded Simply Safe Dividends, which includes a monthly newsletter and tools for do-it-yourself dividend investors. “You are focusing on building this growing income stream regardless of market conditions.”</p><p>Indeed, during last year’s pandemic-driven market rout and subsequent strong rally, dividend stocks lagged, and a number of big names cut or suspended their payouts. From when the market reached its prepandemic peak in February 2020 through the end of the year, the S&P 500 Dividend Aristocrats returned 8.1%, dividends included. Those companies, which have paid out higher dividends for at least 25 straight years, trailed the S&P 500’s 12.7% return over that stretch.</p><p>Yield ShortageThe yield of a 50-50 portfolio of stocks and bonds, once a reliable source of income for retirees, has dwindledto below 2%.Source: Vanguard%Recessions are shaded4% represents a hypothetical annualportfolio withdrawal rate for a retiree.1994'952000'05'10'15'2012345</p><p>But last year’s selloff and relative underperformance offered a chance for nimble dividend investors to add to holdings they considered to be undervalued. If you missed out, however, it’s not too late: Below, we identify 10 stocks with solid yields, consistent payouts, and seeming durability.</p><p>A key force behind the burgeoning interest in retiring on dividends is ultralow interest rates. Even though the 10-year U.S. Treasury yield has touched 1.7% in recent days, passing the S&P 500’s average yield, interest rates remain low by historical standards. Other traditional income—generating investments like certificates of deposit and corporate bonds are also trading with historically low yields.</p><p>“It used to be that retirees could live off the cash flows from a portfolio,” says Colleen Jaconetti, head of investment research at Vanguard Institutional Investor Group. “So, you never really had to think about where it came from.”</p><p>She points out that in early 1995, a 50-50 stock and bond portfolio yielded a little more than 5%, above the 4% annual portfolio withdrawal rate that some advisors and investors use as a starting framework in retirement. That portfolio’s yield had fallen to 1.4% at the end of 2020.</p><p>Such paltry yields can make dividend stocks an attractive investment centerpiece for retirees. They can offer nice yields, and unlike fixed bond coupons, dividends can grow to hedge inflation, which many experts expect to tick up.</p><p>“People generally say that the sweet spot is somewhere between 2.5% and 4.5%” for dividend yields, “and I’m right in the middle of that at 3.6%,” says Dave Van Knapp, an active dividend-growth-investing blogger and investor who relies heavily on dividends in retirement.</p><p>The 74-year-old Van Knapp, who worked in legal publishing, not only promotes the investment strategy but also shows it in action, posting <a href=\"https://laohu8.com/S/AONE.U\">one</a> of his portfolios on a website called Daily Trade Alert. That portfolio—which had increased more than threefold from when he set it up in 2008, to $151,854 recently—has 28 stocks. They includeJohnson & Johnson(JNJ), PepsiCo, andProcter & Gamble(PG). He uses Social Security and a pension to complement his dividend income streams.</p><p>“A lot of times, when people say I want to live off income in my retirement, many, many people—and the investment industry does this—immediately translate that to bonds,” says Van Knapp. “One of the breakthrough concepts of this [strategy] is that you can generate equity income.”</p><p>One thing to keep in mind is that by eschewing bonds and focusing solely on stocks, investors are discarding an asset class that can provide important portfolio diversification.</p><p>There are many ways to build a portfolio of dividend stocks, <a href=\"https://laohu8.com/S/AONE\">one</a> of which entails assembling a collection of blue-chip issues, as Van Knapp’s portfolio does. Investors, however, need to consider the pros and cons of relying heavily on dividends in retirement—and there’s no shortage of each.</p><p>“If you have a large enough portfolio, then buying a blue-chip amalgamation of companies like Procter & Gamble,Kimberly Clark,and so forth that produces enough income for you—you’re golden,” says Charles Lieberman, chief investment officer at Advisors Capital Management. “The conceptual issue is, do you buy a diversified portfolio and peel off assets on a regular basis in order to get cash, or do you invest for income and live off the income?”</p><p>Many investors and financial advisors favor a total-return approach, in which a saver assembles a portfolio of growth stocks and dividend payers—and often bonds and other asset classes—and sometimes sells off assets in retirement to raise cash. Relying largely on stock dividends in retirement, to them, isn’t a feasible approach to amassing the principal necessary for a retirement that could last 30 years or more.</p><p>“I don’t hear any advisors saying, ‘How do I build a dividend-paying portfolio that is going to cover 100% of my client’s income needs?’ ” says Katherine Roy, chief retirement strategist at J.P. Morgan Asset Management. “I just see so many more advisors building diversified portfolios that are oriented toward income, but they are looking for that growth potential, as well.”</p><p>Jaconetti, too, is skeptical, pointing out that stocks with yields of 3% to 4%, though deemed attractive and safe by some investors, can pose a lot of risk, lead to overly concentrated portfolios, and create capital losses.</p><p>“At any given time, there’s no way to say whether growth or value is going to outperform,” Jaconetti adds. “It’s not that you can’t have a lot of diversification within value. But you are most likely underweighting growth. And if growth is outperforming, then you are going to end up underperforming.”</p><p>Still, several of the retirement dividend-investing practitioners<i>Barron’s</i>spoke with believe that it’s possible to actively manage a portfolio of dividend stocks for long-term capital return while minimizing the attendant risks.</p><p>Once I fully understood the significance of dividends from quality companies, a priority focus for me was not to have to sell any shares of any holdings.</p><p>— Retired aerospace engineer Bob Baker, 72</p><p>Jenny Van Leeuwen Harrington, CEO and portfolio manager at Gilman Hill Asset Management, aims for a 5% yield plus capital appreciation in the firm’s equity income strategy. “You can get the 5% yield, but it doesn’t come easy or at a superlow cost” that an equity income exchange-traded fund charges, she says. “You need to work for it.”</p><p>She citesVerizon Communications(VZ),<a href=\"https://laohu8.com/S/IBM\">IBM</a>(IBM), andSL Green Realty(SLG) as examples of what she considers sound companies with attractive yields of at least 4.5%.</p><p>Still, she says, relying solely on stock dividends in retirement isn’t for everyone. “It depends on the amount and what your spending is. That’s the equation,” says Harrington.</p><p>Consider, for example, a retiree whose portfolio totals $200,000. A 3% yield on that would produce $6,000 a year—not very much, though it could be supplemented by Social Security or other income, if available.</p><p>A $1.5 million portfolio, at a 3% yield, would generate annual income of $45,000, which, if combined with other sources like Social Security, could be sufficient.</p><p>Higher yields, of course, are alluring to some investors, but they can signal value traps—where a stock that appears cheap can trade at depressed levels or decline for an extended period of time. Such stocks are the subject of much debate in dividend-investing circles, but investors should do their due diligence before deciding whether a high-yielding stock is worth the risk.</p><p>“Only fundamental analysis reveals the real why [for a high yield] and if it’s a temporary dislocation or a real permanent decliner,” says Harrington, who adds that her clients “find emotional comfort in the consistency of those dividends.”</p><p>Ultimately, an income-dependent retirement strategy isn’t foolproof or something to set and forget.</p><p>“It still requires care,” says Lieberman. “Inevitably, there will be downdrafts in the market, and inevitably there will be a company or multiple companies that at some point cut their dividends, so then you have to adapt.”</p><p>Reliable Retirement ReturnsThese are the types of companies that can offer retirees durable dividends and potenial growth.</p><table><thead><tr><th>Company / Ticker</th><th>Recent Price</th><th>Dividend Yield</th><th>Market Value (bil)</th><th>Return Since 1/31/2020</th><th>5-Year Dividend Growth Rate*</th></tr></thead><tbody><tr><td><b>AT&T</b>/ T</td><td>$29.99</td><td>6.9%</td><td>$215.4</td><td>-14.5%</td><td>2%</td></tr><tr><td><b>Coca-Cola</b>/ KO</td><td>51.52</td><td>3.3</td><td>222.0</td><td>-8.0</td><td>4</td></tr><tr><td><b>Consolidated Edison</b>/ ED</td><td>73.43</td><td>4.2</td><td>25.1</td><td>-17.9</td><td>3</td></tr><tr><td><b>International Business Machines</b>/ IBM</td><td>130.62</td><td>5.0</td><td>116.7</td><td>-3.1</td><td>5</td></tr><tr><td><b>Johnson & Johnson</b>/ JNJ</td><td>161.91</td><td>2.5</td><td>426.3</td><td>12.4</td><td>6</td></tr><tr><td><b>Kellogg</b>/ K</td><td>62.59</td><td>3.7</td><td>21.3</td><td>-5.7</td><td>3</td></tr><tr><td><b>Procter & Gamble</b>/ PG</td><td>132.56</td><td>2.4</td><td>326.4</td><td>9.0</td><td>3</td></tr><tr><td><b>SL Green Realty</b>/ SLG</td><td>70.02</td><td>5.2</td><td>4.9</td><td>-18.5</td><td>8</td></tr><tr><td><b>U.S. Bancorp</b>/ USB</td><td>53.47</td><td>3.1</td><td>80.3</td><td>5.0</td><td>11</td></tr><tr><td><b>Verizon Communications</b>/ VZ</td><td>57.01</td><td>4.4</td><td>236.6</td><td>0.2</td><td>2</td></tr></tbody></table><p>Data as of 3/24/21. *Annualized</p><p>Source: FactSet</p><p>Another factor to consider before pursuing a dividend-focused portfolio for retirement: Not every retiree or saver has the desire, prowess, or time to regularly focus on a stock portfolio. Using mutual funds or a financial advisor can make a lot more sense, their fees notwithstanding.</p><p>But managing a portfolio of dividend stocks works well for some investors.</p><p>“The key consideration was to have a comfortable income stream and not have to liquidate any equities in my portfolio to do so,” says Baker, the former aerospace engineer. “I tend to go into my portfolio every day. I’m retired. I have the time, and I enjoy doing it.”</p><p>Dividend-paying stocks can make a lot of sense for retirees, many of whom face “very difficult investment decisions,” says David Katz, chief investment officer at Matrix Asset Advisors, pointing to low bond yields and rich valuations as major headwinds.</p><p>Certain dividend stocks, he says, “should allow for a healthy and growing income stream and reasonable portfolio growth over time” while providing some downside protection when needed.</p><p>Based on input from Katz and other financial pros, as well as our own research,<i>Barron’s</i>came up with a portfolio of 10 dividend-paying stocks that retirees should consider.</p><p>AT&T</p><p>AT&T(T) is one of the more-discussed stocks among dividend investors, as its yield, at about 7%, is much higher than most U.S companies. A concern that many investors have is the company’s hefty debt load.</p><p>Such a high yield can be a reason for investors to exit, but the entertainment, tech, and telecom conglomerate has a long history of paying a dividend—it’s a member of the S&P 500 Dividend Aristocrats—and some analysts like its content library and foray into streaming.</p><p>Company executives are showing their support for the dividend. In a March 12 release outlining the company’s strategy and financial outlook, CEO John Stankey said in part that AT&T is “committed to sustaining the dividend at current levels and utilizing cash after dividends to reduce debt.” Chief Financial Officer John Stephens expressed a similar commitment to the dividend at a conference on March 8. “With $26 billion of free cash flow after [capital expenditure], there’s plenty of money to pay out the dividend,” he said.</p><p>The last time the company declared a quarterly dividend increase occurred in December 2019, more than a year ago, boosting it by a penny, to 52 cents a share. But AT&T looks like it’s on course to at least sustain the dividend.</p><p>Coca-Cola</p><p>In the 1970s,Coca-Cola(KO) ran a series of TV advertisements built around the mantra “Coke adds life.” The beverage behemoth has added a lot of yield over the years, as well, and it continues to do so—with its stock recently yielding 3.3%.</p><p>Coke managed to keep its quarterly dividend at 41 cents a share last year, even though the pandemic took a big toll on restaurants, one of the company’s key sales channels.</p><p>Coke earned an adjusted $1.95 a share in 2020, down from $2.11 the previous year, as sales fell 11%, to $33 billion. Analysts polled by FactSet expect sales to rebound this year to $36.7 billion, still below 2019 levels, and for the company to earn $2.14 a share.</p><p><img src=\"https://static.tigerbbs.com/4abb2face6ef1f0a3bee7cd44ac2c533\" tg-width=\"620\" tg-height=\"413\" referrerpolicy=\"no-referrer\">Coca-Cola maintained its dividend during the pandemic, a testament to its durability even in rough times.GEORGE FREY/BLOOMBERG</p><p>Despite the headwinds, Coke’s board in February declared a quarterly dividend of 42 cents a share, up by a penny, or 2.4%. The company paid out $7 billion in dividends to shareholders last year—includingBerkshIre Hathaway’sWarren Buffett, who has famously enjoyed the company’s products, and dividends, for years.</p><p>In an investor presentation last month, Coke listed continuing to increase its dividend as its second-highest capital-allocation priority after reinvesting in its businesses.</p><p>The stock is down about 5% this year, dividends included. Still, the company should be a big beneficiary of the economy’s reopening, and its payout history bodes well for the long term.</p><p>Consolidated Edison</p><p>Utilities are often lauded by investors for their durability, resiliency, and big yields. The pandemic has posed a big test for the sector, however, andConsolidated Edison(ED), whose regulated utility footprint includes New York City as well as nearby Westchester and Rockland counties, was no exception.</p><p>The company earned an adjusted $4.18 a share last year, down 5% from $4.38 in 2019, on an operating revenue decline of about 3% to a little more than $12.2 billion.</p><p>Still, ConEd’s “regulated utility distribution business will still contribute over 90% of adjusted earnings over the next five years,” wrote Morningstar analyst Charles Fishman recently.</p><p>Regulated utility businesses are generally regarded as durable and resilient, helping to fuel increases in earnings and dividends.</p><p>ConEd has boosted its dividend for 47 straight years, most recently in January to $3.10 a share annually, up by four cents, or 1.3%. That’s below the 3.5% dividend increases the company has averaged in recent years, Fishman observes, “and we expect this level of increase over the next several years due to the economic impact of Covid-19.”</p><p>But he calls the dividend secure, “considering the conservative strategy of the company’s nonutility businesses and the favorable regulatory framework for its New York utilities.”</p><p>Katz believes that the “stock will probably get a lift as a reopening play and a New York City recovery.”</p><p>IBM</p><p>IBM shares have returned about 5% this year, slightly ahead of the S&P 500, but they’ve been a laggard over longer periods owing to disappointing financial results, including weak revenue growth.</p><p>But the company has been trying to change that. In 2019, for example, IBM acquired Red Hat, which offers customers a hybrid cloud platform, for about $33 billion using a combination of debt and cash. Red Hat’s sales grew 18% on a normalized basis in 2020, CEO Arvind Krishna told analysts in January. That should help solidify the dividend and grow it modestly.</p><p>Gilman Hill’s Harrington sees Red Hat’s “hybrid cloud IT strategies” becoming “an increasingly meaningful driver of total revenue growth” for the company. It’s “a stock everyone loves to hate,” she says, “and, as a result, [it] has been written off.”</p><p>On the plus side, the stock yields 5%, and the company has said that it’s committed to the dividend. IBM earlier this year was admitted to the S&P 500 Dividend Aristocrats—demonstrating the consistency of dividend growth that retirement savers and retirees need for the long haul.</p><p>Johnson & Johnson</p><p>With its diversified mix of businesses, Johnson & Johnson throws off a lot of free cash flow, giving it the wherewithal to maintain its dividend and boost it through thick and thin.</p><p>Case in point: Last April, as the pandemic was forcing many companies to slash or eliminate their dividends, J&J declared a quarterly payout of $1.01 a share, up 6% from 95 cents. This came even as one of its key business units, medical devices, came under pressure as customers put off elective surgeries due to the pandemic.</p><p>Last year, the company, whose businesses also include consumer products and prescription drugs, paid out about $10.5 billion in dividends, or roughly half of its free cash flow.</p><p>Morningstar analyst Damien Conover likes J&J’s “diverse revenue base, a developing research pipeline, and exceptional cash flow generation”—three attributes that should support the dividend and keep it growing.</p><p>Kellogg</p><p>Kellogg(K), whose signature brands include Special K, Rice Krispies, and Pringles, has lagged behind the market this year with a flattish return. But the company’s foundation looks sound, helped by its plant-based proteins under the Morningstar Farms Incogmeato label and others.</p><p>The company notched organic sales growth of 6% in 2020, lifted by gains across all of its regions globally and its four major product categories: snacks, cereal, frozen food, and noodles. That helped offset headwinds that included Covid-19 and divestitures.</p><p>What’s more, Kellogg paid a quarterly dividend of 57 cents a share throughout the pandemic-challenged year, and it plans to boost it by a penny in the second quarter. The stock was recently yielding 3.7%.</p><p>“This means returning more cash to share owners, and it reflects our confidence in the business,” CFO Amit Banati told analysts during the company’s fourth-quarter earnings call in February.</p><p>The company earned $4.03 a share on an adjusted basis last year, up fractionally from $4 in 2019, and the FactSet consensus for this year is $4.01 a share. It recently fetched 15.3 times its FactSet consensus adjusted 2021 profit estimate.</p><p>Katz describes Kellogg as a “top-tier consumer-staples company selling at a very attractive valuation.”</p><p>Procter & Gamble</p><p>P&G, a consumer-products giant whose brands include Bounty paper towels and Charmin toilet paper, proved its dividend mettle in 2020.</p><p>Last April, it declared a quarterly payout of 79.07 cents a share, an increase of 6%. The stock yields 2.4%.</p><p>Operating chief Jon Moeller told analysts in January that the company had built momentum before the pandemic. That gave P&G confidence, he said, “to increase our dividend at the highest rate in many years, even as we struggled with new Covid realities.”</p><p>The company ultimately benefited from heady sales of lockdown items such paper towels. Analysts surveyed by FactSet expect the company to earn $5.70 a share in its current fiscal year, which ends in June, up from $5.12 last year—testament to P&G’s durability and the health of its dividend.</p><p>SL Green Realty</p><p>Real estate investment trusts, which are required to pay out at least 90% of their taxable income as dividends, are popular among income investors. This REIT could prove particularly popular postpandemic.</p><p>SL Green, which owns a lot of high-profile <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> office buildings, is down 18.5% since last January, before the pandemic began. The company has been hit as tenants grapple with weak occupancies and many employees continue to work from home a year into the pandemic.</p><p>“People were worried about workers never coming back to work in offices in New York City. I think that’s very unlikely,” says Charles Lieberman of Advisors Capital Management.</p><p>He views SL Green as a good way to play the economy’s reopening. SL Green shares have been on the road to recovery, returning about 15% this year alone. The stock was recently yielding 5.2%.</p><p>In March, in addition to declaring a monthly dividend of 30.33 cents a share, the company issued a special dividend of just under $1.70 a share for a total dividend of $2 a share. However, the special was paid in the form of the company’s stock—though shareholders could ask to be paid fully in cash.</p><p>U.S. Bancorp</p><p>Shares ofU.S. Bancorp(USB) have returned about 15% this year, and around 75% over the past year—and they may have room to run.</p><p>Katz calls it a “top-tier super-regional bank” that’s well capitalized with a strong loan portfolio and good credit quality. “We expect them to fully benefit from an improving economy and a steepening yield curve.”</p><p>The bank has several segments, giving its revenue mix some diversification: corporate and commercial banking; consumer and business banking, wealth management and investments; payment services, including for credit and debit cards; and treasury and other support for companies.</p><p>The stock pays a quarterly dividend of 42 cents a share, for a yield around 3%. And that’s not all. Even though the stock has a double-digit return this year, it hasn’t done quite as well as peers such asTruist Financial(TFC) andKeyCorp(KEY). “It’s due for a catch-up trade higher,” says Katz.</p><p>Verizon Communications</p><p>The stock, which yields 4.4%, changes hands a reasonable 11 times the $5.06 FactSet consensus adjusted 2021 profit estimate. That estimate is up 3% from the $4.90 per share earnings last year.</p><p>“Consensus is for low-single digits earnings growth, but we think that will prove too conservative and hasn’t adjusted for management’s revenue-growth guidance,” says Harrington.</p><p>The company’s guidance includes 2%-plus annual service and revenue growth this year and 3%-plus in 2022 and 2023.</p><p>Verizon “should benefit from an improving economy and 5G rollout,” says Katz. He adds that it “can comfortably manage through the cost of the recent and very expensive spectrum auction” for government-issued licenses that allow telecom firms to increase their network capabilities.</p><p>At its investor day earlier in March, Verizon said that it was committed to its dividend, which it listed as its second capital-allocation priority after investing in the business. Verizon’s most recent dividend increase was last September, when it went to 62.75 cents a share, up 2% from 61.5 cents.</p><p>If the company can hold true to its commitment, that should keep the dividend rising and make the stock one that can be relied on for income in retirement.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Stocks to Build an Income Stream for the Long Haul.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n10 Stocks to Build an Income Stream for the Long Haul.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:13 GMT+8 <a href=https://www.marketwatch.com/articles/yes-you-can-retire-on-dividends-10-stocks-to-build-an-income-stream-for-the-long-haul-51616752801?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bob Baker, a retired aerospace engineer, regularly taps his small pension and Social Security income to help cover his living expenses.But he also relies on a steady dose of stock dividends, something...</p>\n\n<a href=\"https://www.marketwatch.com/articles/yes-you-can-retire-on-dividends-10-stocks-to-build-an-income-stream-for-the-long-haul-51616752801?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IBM":"IBM","JNJ":"强生","VZ":"威瑞森","SLG":"SL Green Realty Corp","PG":"宝洁"},"source_url":"https://www.marketwatch.com/articles/yes-you-can-retire-on-dividends-10-stocks-to-build-an-income-stream-for-the-long-haul-51616752801?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166961889","content_text":"Bob Baker, a retired aerospace engineer, regularly taps his small pension and Social Security income to help cover his living expenses.But he also relies on a steady dose of stock dividends, something he started to zero in on when he retired in 2015. “Once I fully understood the significance of dividends from quality companies, a priority focus for me was not to have to sell any shares of any holdings,” says Baker, 72, who lives in northern Virginia with his wife.Dividends from his retirement accounts are transferred every month into a taxable account to cover required minimum distributions, or RMDs—which kick in after a retiree hits 72, up from age 70½ previously. His holdings includePepsiCo(ticker: PEP),CVS Health(CVS), andPrudential Financial(PRU)—longtime dividend payers that sport yields well above theS&P 500index’s average of about 1.5%. The yield on the dividend stocks in his portfolio was recently 4.5%.The notion of using dividends in retirement, either as a way to complement other financial assets, as Baker does, or perhaps rely on them for an even larger percentage of income, is drawing plenty of interest these days. Yields on many traditional income investments are now near historical lows, and the onus increasingly is on individuals to secure their postcareer income. The strategy has spawned something of a movement, encompassing investors of all ages and levels of sophistication. There areFacebookgroups devoted to the topic along with blogs, newsletters, books, and various other platforms.But these investors are not yourGameStoptraders or momentum players. They are in many cases diligent investors adopting sound strategies to build a portfolio for the long haul, investing sometimes $100 here or $50 there. They’re more like modern-day moms and pops.“A big appeal of dividends is really that it’s kind of psychologically easier to stay the course,” says Brian Bollinger, who in 2015 founded Simply Safe Dividends, which includes a monthly newsletter and tools for do-it-yourself dividend investors. “You are focusing on building this growing income stream regardless of market conditions.”Indeed, during last year’s pandemic-driven market rout and subsequent strong rally, dividend stocks lagged, and a number of big names cut or suspended their payouts. From when the market reached its prepandemic peak in February 2020 through the end of the year, the S&P 500 Dividend Aristocrats returned 8.1%, dividends included. Those companies, which have paid out higher dividends for at least 25 straight years, trailed the S&P 500’s 12.7% return over that stretch.Yield ShortageThe yield of a 50-50 portfolio of stocks and bonds, once a reliable source of income for retirees, has dwindledto below 2%.Source: Vanguard%Recessions are shaded4% represents a hypothetical annualportfolio withdrawal rate for a retiree.1994'952000'05'10'15'2012345But last year’s selloff and relative underperformance offered a chance for nimble dividend investors to add to holdings they considered to be undervalued. If you missed out, however, it’s not too late: Below, we identify 10 stocks with solid yields, consistent payouts, and seeming durability.A key force behind the burgeoning interest in retiring on dividends is ultralow interest rates. Even though the 10-year U.S. Treasury yield has touched 1.7% in recent days, passing the S&P 500’s average yield, interest rates remain low by historical standards. Other traditional income—generating investments like certificates of deposit and corporate bonds are also trading with historically low yields.“It used to be that retirees could live off the cash flows from a portfolio,” says Colleen Jaconetti, head of investment research at Vanguard Institutional Investor Group. “So, you never really had to think about where it came from.”She points out that in early 1995, a 50-50 stock and bond portfolio yielded a little more than 5%, above the 4% annual portfolio withdrawal rate that some advisors and investors use as a starting framework in retirement. That portfolio’s yield had fallen to 1.4% at the end of 2020.Such paltry yields can make dividend stocks an attractive investment centerpiece for retirees. They can offer nice yields, and unlike fixed bond coupons, dividends can grow to hedge inflation, which many experts expect to tick up.“People generally say that the sweet spot is somewhere between 2.5% and 4.5%” for dividend yields, “and I’m right in the middle of that at 3.6%,” says Dave Van Knapp, an active dividend-growth-investing blogger and investor who relies heavily on dividends in retirement.The 74-year-old Van Knapp, who worked in legal publishing, not only promotes the investment strategy but also shows it in action, posting one of his portfolios on a website called Daily Trade Alert. That portfolio—which had increased more than threefold from when he set it up in 2008, to $151,854 recently—has 28 stocks. They includeJohnson & Johnson(JNJ), PepsiCo, andProcter & Gamble(PG). He uses Social Security and a pension to complement his dividend income streams.“A lot of times, when people say I want to live off income in my retirement, many, many people—and the investment industry does this—immediately translate that to bonds,” says Van Knapp. “One of the breakthrough concepts of this [strategy] is that you can generate equity income.”One thing to keep in mind is that by eschewing bonds and focusing solely on stocks, investors are discarding an asset class that can provide important portfolio diversification.There are many ways to build a portfolio of dividend stocks, one of which entails assembling a collection of blue-chip issues, as Van Knapp’s portfolio does. Investors, however, need to consider the pros and cons of relying heavily on dividends in retirement—and there’s no shortage of each.“If you have a large enough portfolio, then buying a blue-chip amalgamation of companies like Procter & Gamble,Kimberly Clark,and so forth that produces enough income for you—you’re golden,” says Charles Lieberman, chief investment officer at Advisors Capital Management. “The conceptual issue is, do you buy a diversified portfolio and peel off assets on a regular basis in order to get cash, or do you invest for income and live off the income?”Many investors and financial advisors favor a total-return approach, in which a saver assembles a portfolio of growth stocks and dividend payers—and often bonds and other asset classes—and sometimes sells off assets in retirement to raise cash. Relying largely on stock dividends in retirement, to them, isn’t a feasible approach to amassing the principal necessary for a retirement that could last 30 years or more.“I don’t hear any advisors saying, ‘How do I build a dividend-paying portfolio that is going to cover 100% of my client’s income needs?’ ” says Katherine Roy, chief retirement strategist at J.P. Morgan Asset Management. “I just see so many more advisors building diversified portfolios that are oriented toward income, but they are looking for that growth potential, as well.”Jaconetti, too, is skeptical, pointing out that stocks with yields of 3% to 4%, though deemed attractive and safe by some investors, can pose a lot of risk, lead to overly concentrated portfolios, and create capital losses.“At any given time, there’s no way to say whether growth or value is going to outperform,” Jaconetti adds. “It’s not that you can’t have a lot of diversification within value. But you are most likely underweighting growth. And if growth is outperforming, then you are going to end up underperforming.”Still, several of the retirement dividend-investing practitionersBarron’sspoke with believe that it’s possible to actively manage a portfolio of dividend stocks for long-term capital return while minimizing the attendant risks.Once I fully understood the significance of dividends from quality companies, a priority focus for me was not to have to sell any shares of any holdings.— Retired aerospace engineer Bob Baker, 72Jenny Van Leeuwen Harrington, CEO and portfolio manager at Gilman Hill Asset Management, aims for a 5% yield plus capital appreciation in the firm’s equity income strategy. “You can get the 5% yield, but it doesn’t come easy or at a superlow cost” that an equity income exchange-traded fund charges, she says. “You need to work for it.”She citesVerizon Communications(VZ),IBM(IBM), andSL Green Realty(SLG) as examples of what she considers sound companies with attractive yields of at least 4.5%.Still, she says, relying solely on stock dividends in retirement isn’t for everyone. “It depends on the amount and what your spending is. That’s the equation,” says Harrington.Consider, for example, a retiree whose portfolio totals $200,000. A 3% yield on that would produce $6,000 a year—not very much, though it could be supplemented by Social Security or other income, if available.A $1.5 million portfolio, at a 3% yield, would generate annual income of $45,000, which, if combined with other sources like Social Security, could be sufficient.Higher yields, of course, are alluring to some investors, but they can signal value traps—where a stock that appears cheap can trade at depressed levels or decline for an extended period of time. Such stocks are the subject of much debate in dividend-investing circles, but investors should do their due diligence before deciding whether a high-yielding stock is worth the risk.“Only fundamental analysis reveals the real why [for a high yield] and if it’s a temporary dislocation or a real permanent decliner,” says Harrington, who adds that her clients “find emotional comfort in the consistency of those dividends.”Ultimately, an income-dependent retirement strategy isn’t foolproof or something to set and forget.“It still requires care,” says Lieberman. “Inevitably, there will be downdrafts in the market, and inevitably there will be a company or multiple companies that at some point cut their dividends, so then you have to adapt.”Reliable Retirement ReturnsThese are the types of companies that can offer retirees durable dividends and potenial growth.Company / TickerRecent PriceDividend YieldMarket Value (bil)Return Since 1/31/20205-Year Dividend Growth Rate*AT&T/ T$29.996.9%$215.4-14.5%2%Coca-Cola/ KO51.523.3222.0-8.04Consolidated Edison/ ED73.434.225.1-17.93International Business Machines/ IBM130.625.0116.7-3.15Johnson & Johnson/ JNJ161.912.5426.312.46Kellogg/ K62.593.721.3-5.73Procter & Gamble/ PG132.562.4326.49.03SL Green Realty/ SLG70.025.24.9-18.58U.S. Bancorp/ USB53.473.180.35.011Verizon Communications/ VZ57.014.4236.60.22Data as of 3/24/21. *AnnualizedSource: FactSetAnother factor to consider before pursuing a dividend-focused portfolio for retirement: Not every retiree or saver has the desire, prowess, or time to regularly focus on a stock portfolio. Using mutual funds or a financial advisor can make a lot more sense, their fees notwithstanding.But managing a portfolio of dividend stocks works well for some investors.“The key consideration was to have a comfortable income stream and not have to liquidate any equities in my portfolio to do so,” says Baker, the former aerospace engineer. “I tend to go into my portfolio every day. I’m retired. I have the time, and I enjoy doing it.”Dividend-paying stocks can make a lot of sense for retirees, many of whom face “very difficult investment decisions,” says David Katz, chief investment officer at Matrix Asset Advisors, pointing to low bond yields and rich valuations as major headwinds.Certain dividend stocks, he says, “should allow for a healthy and growing income stream and reasonable portfolio growth over time” while providing some downside protection when needed.Based on input from Katz and other financial pros, as well as our own research,Barron’scame up with a portfolio of 10 dividend-paying stocks that retirees should consider.AT&TAT&T(T) is one of the more-discussed stocks among dividend investors, as its yield, at about 7%, is much higher than most U.S companies. A concern that many investors have is the company’s hefty debt load.Such a high yield can be a reason for investors to exit, but the entertainment, tech, and telecom conglomerate has a long history of paying a dividend—it’s a member of the S&P 500 Dividend Aristocrats—and some analysts like its content library and foray into streaming.Company executives are showing their support for the dividend. In a March 12 release outlining the company’s strategy and financial outlook, CEO John Stankey said in part that AT&T is “committed to sustaining the dividend at current levels and utilizing cash after dividends to reduce debt.” Chief Financial Officer John Stephens expressed a similar commitment to the dividend at a conference on March 8. “With $26 billion of free cash flow after [capital expenditure], there’s plenty of money to pay out the dividend,” he said.The last time the company declared a quarterly dividend increase occurred in December 2019, more than a year ago, boosting it by a penny, to 52 cents a share. But AT&T looks like it’s on course to at least sustain the dividend.Coca-ColaIn the 1970s,Coca-Cola(KO) ran a series of TV advertisements built around the mantra “Coke adds life.” The beverage behemoth has added a lot of yield over the years, as well, and it continues to do so—with its stock recently yielding 3.3%.Coke managed to keep its quarterly dividend at 41 cents a share last year, even though the pandemic took a big toll on restaurants, one of the company’s key sales channels.Coke earned an adjusted $1.95 a share in 2020, down from $2.11 the previous year, as sales fell 11%, to $33 billion. Analysts polled by FactSet expect sales to rebound this year to $36.7 billion, still below 2019 levels, and for the company to earn $2.14 a share.Coca-Cola maintained its dividend during the pandemic, a testament to its durability even in rough times.GEORGE FREY/BLOOMBERGDespite the headwinds, Coke’s board in February declared a quarterly dividend of 42 cents a share, up by a penny, or 2.4%. The company paid out $7 billion in dividends to shareholders last year—includingBerkshIre Hathaway’sWarren Buffett, who has famously enjoyed the company’s products, and dividends, for years.In an investor presentation last month, Coke listed continuing to increase its dividend as its second-highest capital-allocation priority after reinvesting in its businesses.The stock is down about 5% this year, dividends included. Still, the company should be a big beneficiary of the economy’s reopening, and its payout history bodes well for the long term.Consolidated EdisonUtilities are often lauded by investors for their durability, resiliency, and big yields. The pandemic has posed a big test for the sector, however, andConsolidated Edison(ED), whose regulated utility footprint includes New York City as well as nearby Westchester and Rockland counties, was no exception.The company earned an adjusted $4.18 a share last year, down 5% from $4.38 in 2019, on an operating revenue decline of about 3% to a little more than $12.2 billion.Still, ConEd’s “regulated utility distribution business will still contribute over 90% of adjusted earnings over the next five years,” wrote Morningstar analyst Charles Fishman recently.Regulated utility businesses are generally regarded as durable and resilient, helping to fuel increases in earnings and dividends.ConEd has boosted its dividend for 47 straight years, most recently in January to $3.10 a share annually, up by four cents, or 1.3%. That’s below the 3.5% dividend increases the company has averaged in recent years, Fishman observes, “and we expect this level of increase over the next several years due to the economic impact of Covid-19.”But he calls the dividend secure, “considering the conservative strategy of the company’s nonutility businesses and the favorable regulatory framework for its New York utilities.”Katz believes that the “stock will probably get a lift as a reopening play and a New York City recovery.”IBMIBM shares have returned about 5% this year, slightly ahead of the S&P 500, but they’ve been a laggard over longer periods owing to disappointing financial results, including weak revenue growth.But the company has been trying to change that. In 2019, for example, IBM acquired Red Hat, which offers customers a hybrid cloud platform, for about $33 billion using a combination of debt and cash. Red Hat’s sales grew 18% on a normalized basis in 2020, CEO Arvind Krishna told analysts in January. That should help solidify the dividend and grow it modestly.Gilman Hill’s Harrington sees Red Hat’s “hybrid cloud IT strategies” becoming “an increasingly meaningful driver of total revenue growth” for the company. It’s “a stock everyone loves to hate,” she says, “and, as a result, [it] has been written off.”On the plus side, the stock yields 5%, and the company has said that it’s committed to the dividend. IBM earlier this year was admitted to the S&P 500 Dividend Aristocrats—demonstrating the consistency of dividend growth that retirement savers and retirees need for the long haul.Johnson & JohnsonWith its diversified mix of businesses, Johnson & Johnson throws off a lot of free cash flow, giving it the wherewithal to maintain its dividend and boost it through thick and thin.Case in point: Last April, as the pandemic was forcing many companies to slash or eliminate their dividends, J&J declared a quarterly payout of $1.01 a share, up 6% from 95 cents. This came even as one of its key business units, medical devices, came under pressure as customers put off elective surgeries due to the pandemic.Last year, the company, whose businesses also include consumer products and prescription drugs, paid out about $10.5 billion in dividends, or roughly half of its free cash flow.Morningstar analyst Damien Conover likes J&J’s “diverse revenue base, a developing research pipeline, and exceptional cash flow generation”—three attributes that should support the dividend and keep it growing.KelloggKellogg(K), whose signature brands include Special K, Rice Krispies, and Pringles, has lagged behind the market this year with a flattish return. But the company’s foundation looks sound, helped by its plant-based proteins under the Morningstar Farms Incogmeato label and others.The company notched organic sales growth of 6% in 2020, lifted by gains across all of its regions globally and its four major product categories: snacks, cereal, frozen food, and noodles. That helped offset headwinds that included Covid-19 and divestitures.What’s more, Kellogg paid a quarterly dividend of 57 cents a share throughout the pandemic-challenged year, and it plans to boost it by a penny in the second quarter. The stock was recently yielding 3.7%.“This means returning more cash to share owners, and it reflects our confidence in the business,” CFO Amit Banati told analysts during the company’s fourth-quarter earnings call in February.The company earned $4.03 a share on an adjusted basis last year, up fractionally from $4 in 2019, and the FactSet consensus for this year is $4.01 a share. It recently fetched 15.3 times its FactSet consensus adjusted 2021 profit estimate.Katz describes Kellogg as a “top-tier consumer-staples company selling at a very attractive valuation.”Procter & GambleP&G, a consumer-products giant whose brands include Bounty paper towels and Charmin toilet paper, proved its dividend mettle in 2020.Last April, it declared a quarterly payout of 79.07 cents a share, an increase of 6%. The stock yields 2.4%.Operating chief Jon Moeller told analysts in January that the company had built momentum before the pandemic. That gave P&G confidence, he said, “to increase our dividend at the highest rate in many years, even as we struggled with new Covid realities.”The company ultimately benefited from heady sales of lockdown items such paper towels. Analysts surveyed by FactSet expect the company to earn $5.70 a share in its current fiscal year, which ends in June, up from $5.12 last year—testament to P&G’s durability and the health of its dividend.SL Green RealtyReal estate investment trusts, which are required to pay out at least 90% of their taxable income as dividends, are popular among income investors. This REIT could prove particularly popular postpandemic.SL Green, which owns a lot of high-profile Manhattan office buildings, is down 18.5% since last January, before the pandemic began. The company has been hit as tenants grapple with weak occupancies and many employees continue to work from home a year into the pandemic.“People were worried about workers never coming back to work in offices in New York City. I think that’s very unlikely,” says Charles Lieberman of Advisors Capital Management.He views SL Green as a good way to play the economy’s reopening. SL Green shares have been on the road to recovery, returning about 15% this year alone. The stock was recently yielding 5.2%.In March, in addition to declaring a monthly dividend of 30.33 cents a share, the company issued a special dividend of just under $1.70 a share for a total dividend of $2 a share. However, the special was paid in the form of the company’s stock—though shareholders could ask to be paid fully in cash.U.S. BancorpShares ofU.S. Bancorp(USB) have returned about 15% this year, and around 75% over the past year—and they may have room to run.Katz calls it a “top-tier super-regional bank” that’s well capitalized with a strong loan portfolio and good credit quality. “We expect them to fully benefit from an improving economy and a steepening yield curve.”The bank has several segments, giving its revenue mix some diversification: corporate and commercial banking; consumer and business banking, wealth management and investments; payment services, including for credit and debit cards; and treasury and other support for companies.The stock pays a quarterly dividend of 42 cents a share, for a yield around 3%. And that’s not all. Even though the stock has a double-digit return this year, it hasn’t done quite as well as peers such asTruist Financial(TFC) andKeyCorp(KEY). “It’s due for a catch-up trade higher,” says Katz.Verizon CommunicationsThe stock, which yields 4.4%, changes hands a reasonable 11 times the $5.06 FactSet consensus adjusted 2021 profit estimate. That estimate is up 3% from the $4.90 per share earnings last year.“Consensus is for low-single digits earnings growth, but we think that will prove too conservative and hasn’t adjusted for management’s revenue-growth guidance,” says Harrington.The company’s guidance includes 2%-plus annual service and revenue growth this year and 3%-plus in 2022 and 2023.Verizon “should benefit from an improving economy and 5G rollout,” says Katz. He adds that it “can comfortably manage through the cost of the recent and very expensive spectrum auction” for government-issued licenses that allow telecom firms to increase their network capabilities.At its investor day earlier in March, Verizon said that it was committed to its dividend, which it listed as its second capital-allocation priority after investing in the business. Verizon’s most recent dividend increase was last September, when it went to 62.75 cents a share, up 2% from 61.5 cents.If the company can hold true to its commitment, that should keep the dividend rising and make the stock one that can be relied on for income in retirement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328996541,"gmtCreate":1615477757783,"gmtModify":1704783441784,"author":{"id":"3576651306281638","authorId":"3576651306281638","name":"lyzh","avatar":"https://community-static.tradeup.com/news/e7518576381bd14a9b16bde1b34fdfa5","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576651306281638","authorIdStr":"3576651306281638"},"themes":[],"htmlText":"Happiness ","listText":"Happiness ","text":"Happiness","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328996541","repostId":"2118677018","repostType":2,"isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}