It’s getting colder here in Cleveland, currently 38 degrees as I’m typing this. As the weather has gotten colder, the stock market has chilled down a bit and has created a few opportunities for us dividend investors. I have not been as active the last few months as I’d like to be (as it relates to dividend stock purchases), but patience is a virtue in this game, that’s for damn sure! Sitting here on the cold Saturday morning, sipping my warm coffee, I wanted to write my thoughts on three dividend stocks that I am considering for a future purchase. Let’s grab another cup and check out the stocks!
The purchase shouldn’t surprise too many of you. Often times, Lanny will find a great dividend growth stock on a discount and sell me on the fact that the company is a buy. Well, this time was definitely one of those instances and I followed his lead in purchasing shares in this dividend growth stock. Time to see why I purchased shares in CVS Health Corp (CVS).
Wow, wow. So it’s been over two months and I have definitely found a stock that fit the metrics of an undervalued dividend stock investment. It took some thorough research and thinking about the companies that many people take part in every single day or have made them a part of their lives. With healthcare and prescriptions, this led me to this stock and this company shows high signs of undervaluation. Come check out what company I purchased stock into and why!