One big concern for investors is achieving long-term returns above the market average. There will always be market ups and downs, they're unavoidable.
The best insurance that you can give yourself is to have a foundation of solid growth and dividend stocks. Below are five stocks I think can be strong performers over the next decade for you.
For example, even when the market is down, dividend income continues rolling in. Also, large growth stocks weather downturns better and usually lead the way back up when the market rebounds.
— TPG Telecom Ltd (ASX: TPM) is a $5.5 billion telecommunications company that offers high-speed broadband at the speeds of the National Broadband Network to customers at affordable prices. This a great competitive advantage for attracting and keeping customers. It is expanding its own network coverage in major urban areas where it is most profitable.
— Domino's Pizza Enterprises Ltd. (ASX: DMP) operates the very successful Domino's Pizza master franchise in Australia. There are 600 shops domestically, yet there is still room to grow further. It intends to double the stores for its network in Japan to 600 in the next five years. It's tipped for strong double-digit growth by analysts.
— Macquarie Group Ltd (ASX: MQG), the investment bank is seeing steady growth from overseas investments and corporate activities like IPOs and mergers & acquisitions. Macquarie Group's Funds Management Group has also been a strong contributor to recent earnings.
— Wesfarmers Ltd (ASX: WES) may be big already as the operator of Coles supermarkets, Bunnings Warehouse, Target and K-mart, but in ten years these businesses will most likely be around making even bigger earnings for the conglomerate. It has a generous 4.7% dividend yield and has a good track record for increasing dividends. That can help keep your portfolio returns steady.
— Woodside Petroleum Limited (ASX: WPL) has several LNG production projects that are spinning off a lot of cash flow. In addition to paying a rich 5.7% dividend yield, the surplus earnings give it billions of dollars to fund more projects for many more years of growth. You can get high dividends like a steady utility stock and the growth of an expanding international oil and gas producer.
One more top dividend stock – Free for you!
I believe that each one of these will be performing well in ten years and could be strong sources of returns. However, there is one more stock with a generous dividend even better than some of these that you will want to find out about.
If you're interested in knowing its name, just click on the link below, enter your email address and we'll send you the FREE report on this top dividend stock idea for 2014 – 2015!
