From NASDAQ MarketSite: 2024-04-07 14:30:00

Investing in the stock market has become more accessible with no-commission trading and the ability to put any amount of cash to work. Dividend stocks, offering passive income that can be reinvested, are a great option for long-term investors. With stocks like Home Depot, Microsoft, and McCormick, there is potential for excellent returns.

Home Depot, a market-share leader, offers a generous dividend with a 2.2% yield. Despite risks related to interest rates and the housing market, Home Depot has a stable track record of managing economic cycles. Microsoft, with its strong financial position and diverse growth areas, also presents an attractive investment opportunity.

McCormick, a dividend stock currently facing challenges, is expected to rebound with accelerating sales volumes. Despite industry pressures, the company has a history of dividend growth and offers potential for long-term returns. Consider these factors before deciding to invest $1,000 in Home Depot.

Consider investing in the 10 best stocks identified by the Motley Fool’s Stock Advisor analyst team, which has a track record of outperforming the S&P 500. With guidance on building a successful portfolio and regular stock picks, the Stock Advisor service can help investors achieve substantial returns. Keep in mind the author’s disclosure regarding positions in Apple, Home Depot, and Microsoft.



Read more at NASDAQ MarketSite: 3 Magnificent Dividend Stocks to Buy With $500 Today