Looking to invest for the long term? Consider Apple, Starbucks, and Costco. These top stocks have a proven track record of beating the market and offer steady dividends. Apple’s massive cash resources and growing demand for its products make it an attractive choice. Starbucks, the leader in coffee shops, is adapting to the digital age and has a strong international growth potential. Costco, known for its bargain-priced bulk goods, has a loyal customer base and a solid reputation in the retail industry. Find out why these stocks are no-brainer buys for the next two decades.
Apple: A Dividend Growth Powerhouse
Apple has established itself as a dividend growth powerhouse, with a long record of increasing its dividend payment. This reflects the growing demand for Apple’s products and management’s confidence in the company’s future.
Over the past 10 years, Apple’s annual dividend has grown by 130%, showcasing its commitment to rewarding shareholders. Despite its current low dividend yield, Apple has the potential to significantly increase its dividend over the next two decades.
With its attractive long-term growth prospects, including expanding its active device base, launching new products, and growing its services business, Apple is well-positioned to generate profitable growth and continue increasing its dividend.
Starbucks: Adapting to the Digital Coffee Era
Starbucks, the leader in coffee shops, is successfully adapting to the digital coffee era. With the shift in consumer preferences towards ordering and picking up, Starbucks has invested in new equipment to speed up ordering and meet the demand for quick service.
Despite having a significant presence with over 38,000 stores worldwide, Starbucks still sees untapped potential in the international market, especially in China. By focusing on innovation, expanding its store network, and delivering high-quality products, Starbucks aims to drive sales and generate cash flow.
Investing in Starbucks now presents an opportunity to benefit from its growing passive income stream, as the company continues to evolve and meet the changing needs of coffee consumers.
Costco: A Retail Powerhouse with a Strong Moat
Costco, known for its bargain-priced bulk goods, has built a strong moat in the retail industry. Its membership model and reputation for high-quality products at great prices have earned it a loyal customer base and consistently high customer satisfaction ratings.
Since its IPO in 1985, Costco has delivered exceptional returns to its shareholders. The company’s prospects for continued outperformance remain bright, as it successfully navigates the challenges posed by e-commerce and continues to expand its store network both domestically and internationally.
While Costco’s dividend yield may not appear impressive at first glance, the company has a history of paying special dividends and returning cash to shareholders. Investing in Costco offers the potential for solid, steady growth and a reliable cash-returning powerhouse for the next 20 years.
