This Dividend Stock Can Double Your Money in Under 6 Years
When most investors think of dividend stocks, they think of safe, steady, and reliable stocks of large companies that are more known for their stability and value than their aggressive growth potential. That's because most growth stocks use the excess capital to invest in the company to spur future growth, rather than return it to shareholders in the form of dividends.
But there is one dividend stock in particular that has the potential to do both -- generate high dividend income and produce excellent long-term returns. In fact, it has the potential to double your money in less than six years.
(NYSE: BLK), the world's largest asset management firm, is one of those stocks with the potential to deliver both high-yielding dividends and strong returns.
Source Fool.com
Blackrock Inc. Stock
With 10 Buy predictions and not the single Sell prediction the community is currently very high on Blackrock Inc..
As a result the target price of 773 € shows a slightly positive potential of 8.66% compared to the current price of 711.4 € for Blackrock Inc..
