2 Stocks I'm Never Selling
Investing is full of uncertainties. The way I've chosen to deal with this is to buy companies that have been around long enough to deal with material adversity. And, as a dividend investor, one of my goals is to simply find companies that have continued to pay investors well even in the face of hardship. That's why I have no intention of selling Procter & Gamble (NYSE: PG) or Federal Realty (NYSE: FRT). Read on to learn more.
I purchased consumer staples maker Procter & Gamble when it was in the middle of a portfolio overhaul. At the time it had far too many brands, most of which weren't performing well. So, the plan was to slim down by jettisoning the less-desirable names while keeping the best. That would allow Procter & Gamble to focus all of its attention on where it could produce the best results. Wall Street wasn't so certain about the decision, so the stock was trading at a low price and a historically high yield. That's exactly what I was looking for.
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Source Fool.com
