2 Dividend-Growth Stocks That Billionaire Izzy Englander Loves
Investing in dividend stocks is a great strategy for many reasons, including the potential they offer you to significantly boost your long-term returns by automatically reinvesting their payouts. Furthermore, the pursuit of dividends need not come at the expense of other investment styles. Some income stocks look like excellent growth stocks, too.
Here are two examples: (NASDAQ: MSFT) and Eli Lilly (NYSE: LLY). These two market leaders are popular on Wall Street. Take Israel "Izzy" Englander, the founder and CEO of Millennium Management. Both Microsoft and Eli Lilly feature in Millennium Management's top 10 holdings, with the former accounting for 1.71% of the portfolio as of Q3 and the latter making up 0.76%. In the third quarter, Englander and his team increased their stakes in Microsoft and Eli Lilly by 51% and 86%, respectively.
Here is why investors should seriously consider following Englander's lead and purchasing shares of these two top corporations.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 138 Buy predictions and 3 Sell predictions.
With a target price of 495 € there is a positive potential of 21.35% for Microsoft Corp. compared to the current price of 407.9 €.
