economy
Boost your portfolio with these stocks that regularly buy back shares, Wolfe Research says
Companies that have a history of buying back their own stock can help investors navigate periods of market turbulence, the firm found.
TL;DR
- Wolfe Research recommends stocks with a history of consistent share buybacks to navigate market volatility.
- Companies that have lowered their share count through buybacks for at least 10 consecutive years are highlighted.
- This group includes dividend payers and Dividend Aristocrats, companies that have increased their payments for at least 25 straight years.
- Lowe's Cos. is identified as a stock with a 2.1% dividend yield and a history of raising dividends for over 25 years.
- Automatic Data Processing (ADP) is another stock on the list, with a 3.3% dividend yield and 51 consecutive years of dividend increases.
- Other stocks mentioned include Colgate-Palmolive, Illinois Tool Works, AO Smith, and Mondelez.