economy
February 24, 2026
2 Portfolio Names Hike Their Dividends
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- Market fears about AI disruption from Anthropic's Claude subsided as the company announced new integrations with enterprise apps, sparking a relief rally.
- Home Depot increased its quarterly dividend by 1.3% to $2.33 per share, and Linde raised its quarterly dividend by 7% to $1.60 per share.
- Linde is identified as a "HALO" (Heavy Assets, Low Obsolescence) stock, a theme attracting investors looking to reduce AI disintermediation risk.
- Corning reached a new record high, rallying approximately 15% since its position was trimmed last week, with its price target raised to $160.
- Upcoming earnings reports include Axon Enterprise, Cava, Workday, First Solar, Realty Income, TJX Companies, and Lowe's, with Nvidia and Salesforce reporting after Wednesday's close.
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