|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||0.00 - 0.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||0.27|
|Earnings date||17 Apr 2023 - 21 Apr 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
2023 is off to a strong start with the S&P 500 gaining 6.2% and the Nasdaq Composite jumping 10.7% so far in January. Rather than sitting on the sidelines and waiting things out while experts predict where the market could be moving, I'm investing in high-growth dividend stocks that should perform admirably in an up or a down economy. It's no secret I've been incredibly bullish on alternative asset management company Blackstone (NYSE: BX).
A core part of my strategy is investing in companies that pay attractive, growing dividends. Two of my highest-conviction investment ideas right now are Blackstone (NYSE: BX) and Prologis (NYSE: PLD). With shares of these top dividend stocks down sharply over the past year, I'm buying them like there's no tomorrow so I can grow my positions before their shares rebound.
The growth stock meltdown over the past year has taught investors a tough lesson. Three companies with excellent track records of delivering above-average earnings growth are Domino's Pizza (NYSE: DPZ), Palo Alto Networks (NASDAQ: PANW), and Prologis (NYSE: PLD). Like most growth stocks, their share prices have taken a beating during the sell-off.