According to a Wall Street Journal story, despite growing inflation, investors have continued to pile into growth stocks. It would be expected if such were the case, considering that inflation has been rising in 2021. However, according to a recent Wall Street report, investors continue to flock into these equities in yet another stunning turn. So far this year, investor interest in growth and technology equities has been on the upswing. The most popular growth stocks in November were Apple Inc., NVIDIA Corporation, and AMD.
Here is Insider Monkey’s list of the 10 dividend stocks with the potential to grow. Oracle Corporation is a multinational software business based in the United States. It’s one of the top dividend stocks with room to expand. At the conclusion of the third quarter of 2021, 56 hedge funds had a $3.5 billion holding in Oracle Corporation. According to the company’s earnings history, it had an EPS of $1.69 in the third quarter, which was $0.10 higher than expected. PPG Industries, Inc. is up 12.35 percent this year and 7.43 percent in the last year. Tate Sullivan, a Maxim analyst, reissued a Buy rating on BWX Technologies Inc shares in November. The stock has a price target of $68, according to the analyst. The company expects more growth potential after 2024, according to its investor day presentation in November. Amdocs Limited is an Israeli software corporation with a global presence. The firm focused on communications, media, financial services software, and related services. In October, it announced over 25 new 5G operations and monetization projects. Emerson Electric Co. is a US-based manufacturing firm. It is a Fortune 500 corporation that manufactures industrial, commercial, and consumer products and services. The corporation made $4.95 billion in revenue. For more details, click 10 Dividend Stocks With The Potential To Grow.
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