While most traders love a sexy stock pick every now and then, at the end of the day, the bulk of people’s holdings are the tried-and-true “old guard” names. You know, companies designed to reliably grow a retirement portfolio to be tapped during an investor’s gold years.
Slow and steady wins the race, and you can never go wrong owning a household name, right? Well, what if investors’ perennially favorite names weren’t even coming close to dishing out the consistent progress most people simply presume is a foregone conclusion?
It’s happening with more stocks than you might imagine.
Today, we’re going to look at seven large-cap stocks that could very well hinder your retirement (even during retirement) because they’re not actually providing the growth nor the income they’re supposed to be driving.
And a word of caution: Some of these names may be quite surprising. But numbers don’t lie.