One of the best ways to grab a dividend payer set to surge is a strategy you never hear about anymore: Pick up shares of a conglomerate.
I know, I know. The word brings to mind “old school” companies like 3M (MMM)—which we discussed a couple weeks ago—and Honeywell International (HON).
The deal on these companies is that they’re basically a collection of businesses that often have little overlap. They’re hated by Wall Street because they’re just too much work for the suits to value!
That’s great for us because these firms often have the most value waiting to be unlocked—especially if you buy as they tighten their focus on a specific industry.… Read more
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