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If you go by the headlines they generate, then Apple Inc. (NASDAQ: AAPL), Amazon.com Inc. (NASDAQ: AMZN), and Microsoft Corp. (NASDAQ: MSFT) are the best stocks to buy.
Of course, Money Morning is a fan of these stocks, but there are plenty of stocks out there that can create life-changing wealth that you aren't going to hear about from mainstream pundits.
Fortunately, I used the Money Morning Stock VQScore™ to identify a company that could make you very rich.
This VQ stock pays a mouth-watering dividend yield of 14.08%…
It has one of the strongest financial positions of any stock on the market…
And it's trading at a valuation that makes it a prime takeover target in the future.
All of this would add up to a stock poised to bring a monster return for investors over the next 12 months.
The only downside is the company's operations are extremely boring, and they won't be generating headlines anytime soon.
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But I don't care, and neither should you.
If you're serious about making money, join me for a closer look at the company that's ready to hand you a massive payday…
I Love Boring Companies That Can Make You Rich
I promise you, this company isn't exciting.
But the amount of money you can make off it sure is…
About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, and consultant with degrees from Northwestern, Johns Hopkins, Purdue, and Indiana University. He is a seasoned financial and political risk analyst, with a focus on stocks, hedge funds, private equity, blockchain, and housing policy. He has conducted risk assessment projects for clients in 27 countries, and consulted on policy and financial operations for some of the nation's largest financial institutions, including a $1.5 trillion credit fund, a $43 billion credit and auto loan giant, as well as two of the largest Wall Street banks by assets under management.
Garrett joined Money Map Press as an economist and researcher in 2011, specializing in alternative strategies with an emphasis on fundamental and technical analysis.
OSB on TOS Ameritrade the dividend yield is 4.5%. Big difference from your article. Explain please.
My bad $4.50. Yield was 50+ %. Why the difference using the same date 9/28. Notice the price drop from ~$44 area.
I think you are mistaken about the dividend yield. You are basing the yield on a one time special dividend, not the regular dividend. What does that do to your VQ score?
Thanks for your comment, Pete. A company's dividend payout does not affect the VQScore, so Norbord's score will stay the same no matter how much money the company decides to return to shareholders. It just happens to be a nice perk alongside the firm's growth potential. And the company's business is booming, which explains its big dividend last quarter. Norbord has a variable dividend program where payouts are based on the company's earnings and outlook each quarter. The company nearly doubled earnings last quarter, had "exceptionally strong free cash flow," and expects demand to keep growing, so they handed a… Read more »
Looking forward to reading