2 Top Dividend Stocks to Buy With $1,000
It doesn't take a huge sum of money to get started in the stock market. Many investors even like to build up their positions over time -- for example, by buying in thirds. That way you can spread out your purchases and minimize the risk of buying at a market top.
Dividend stocks are excellent candidates for a starter position of $1,000 or less. They tend to be stable businesses that can grow earnings through a wide range of selling environments. And you'll immediately benefit from the income that arrives through those steady quarterly payouts. Elect to have those dividends automatically reinvested, meanwhile, and you can amplify your returns by accumulating more shares over the years.
Home Depot (NYSE: HD) and (NYSE: WMT) are great options for fans of passive income who are looking to put some cash to work in the stock market right now. Let's look at some excellent reasons to buy these top dividend giants.
Source Fool.com
Walmart Inc. Stock
The stock is an absolute favorite of our community with 52 Buy predictions and no Sell predictions.
With a target price of 164 € there is potential for a 196.46% increase which would mean more than doubling the current price of 55.32 € for Walmart Inc..
