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10 Common Stock Breadwinners

Solid picks and opportunities for your portfolio

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6) Kinder Morgan

Kinder Morgan (NYSE:KMI), is breaking out over its IPO valuation, and the stock is up 34% since December.

7) Colgate-Palmolive

On March 8, the board of directors at Colgate-Palmolive (NYSE:CL) increased the quarterly common stock dividend by 7%, to 62 cents per share. Colgate has paid a dividend every year since 1895. Colgate sells a line of household products that generated nearly $3 billion in cash flow from operations in 2011. I want you to focus on companies like Colgate that churn out cash and return it to shareholders.

8 ) Coca-Cola

Over the last 18 months, I have advised Coca-Cola (NYSE:KO) seven times, three times as my number-one pick. You may have thought it redundant, but Coke was a conviction buy that has succeeded. Currently, the stock is headed toward $80 a share, and the board has increased the dividend for the 50th year in a row–this time by 8.5%.

9) American Express

The revolution in cellular technology has created new ways to purchase products using mobile phones. These mobile phone systems still need a network of trusted companies to execute transactions, and American Express (NYSE:AXP) is preparing itself for the evolution toward mobile payments.

Surveys have shown that the younger generation known as Millennials will lead the transition to mobile payment technology. American Express is pursuing Millennials by focusing on the quality of its payment technologies.

10) NextEra Energy

For the fifth year in a row, Fortune named NextEra Energy (NYSE:NEE) the most admired company in its industry. It’s not hard to see why. NextEra is North America’s largest producer of renewable power from wind and solar sources. The clean energy leader also pays a dividend near 4%.

Article printed from InvestorPlace Media,

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