In Your 40s? 2 Stocks You Might Want to Buy
If you are in your 40s, you're still building a nest egg... and likely dealing with the responsibilities that come along with a family and home. You aren't yet looking for dividend income, but you can see the day when you might find that attractive. Indeed, you're probably making plans, or at least you should be, to live off of your wealth in retirement some day. Which is why reliable dividend payers ONEOK, Inc. (NYSE: OKE) and A.O. Smith Corp (NYSE: AOS) could both be interesting options for you.
ONEOK is a large midstream company. It owns the pipes and other assets that help move, process, and store oil and gas. Roughly 90% of its revenues are fee-based, making it a generally stable business. Those fees also provide a great deal of support for its impressive 5.6% yield, which is why reinvesting dividends is the first way for you to build your nest egg here.
Image source: Getty Images
Source: Fool.com
A.O. Smith Corp. Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the A.O. Smith Corp. stock is not clear.
With a target price of 83 € there is a slightly positive potential of 6.93% for A.O. Smith Corp. compared to the current price of 77.62 €.
