These Dividend Staples Are Down Bigly
Have you ever read Relic, by Douglas Preston and Lincoln Child?
It’s really good and written in a cinematic, “just one more page” style that kept me up all night trying to finish it.
And now I’m too tired to write a clever introduction to this article…
So, here are some well-established dividend stocks that were expensive but have since fallen-off / stagnated. As well as commentary on each of these businesses and what could make them interesting buy-and-hold investments.
Enjoy!
Brown-Forman Corporation ($BF.B)
Brown–Forman Corporation is a major producer of alcoholic beverages. The company is probably best-known for Jack Daniel’s, but they distill and distribute numerous other spirits as well.
What interests me about this stock is its potential as an emerging market / international play.
Jack Daniel’s has been popular in almost every country I’ve ever visited.
In fact, Jack Daniel’s is heavily promoted at a lot of supermarkets and nightclubs here in Brazil.
But unlike many regionally-specific alcohol producers, such as Brazil’s Ambev, Brown–Forman is a U.S. company. And this means there’s an underlying level of economic stability…