The company completed its $3.5 billion share repurchase program at the end of 2022 and authorized a new $1 billion share repurchase program.Īltria paid $6.6 billion in dividends in 2022 alone. It is enticing current investors with heavy share repurchases and high-yield dividends while also purchasing assets in growth areas. The company has rebranded itself toward a primarily smoke-free future. The war on smoking is working and Altria saw revenues decline by 3.5% in 2022 and 2.3% in the fourth quarter. On the one hand, the tobacco giant is clearly facing problems. It will provide income forever and likely share price appreciation at the same time.Īltria (NYSE: MO) remains a very interesting stock to invest in right now. Its dividend is as sure as they come having last been reduced in 1963. Whatever the case, KO stock has emerged as an ultra-dependable investment, especially over the past year. The good news is that the companywide revenues increased by 7% in the quarter despite sagging volume. However, in Q4 demand actually declined by 1% contradicting my thesis above. Therefore, it’s likely to continue to flourish.ĭemand for Coca-Cola brand products grew by 5% in 2022 based on unit case volume. In actuality, no brand may be more iconic than Coca-Cola. Those factors suggest that demand is unlikely to decline simply because of how deeply ingrained the company is within our culture. That such companies have been around for so long and have become inseparable from our society speaks volumes. One way to choose forever stocks is buying iconic brands like Coca-Cola (NYSE: KO). That alone should tell investors a lot about its long-term prospects. That rate will multiply any investment’s value and is a return any investor would gladly receive.ĪAPL stock remains the biggest component of Warren Buffett’s portfolio by a long shot. My colleague Will Ashworth expects Apple to grow at an annual rate close to 20% over the next decade. The iPhone, Mac, and iPad seller has become integral to society. Hat doesn’t mean Apple can’t provide strong returns. While that certainly contributed to Apple’s massive growth during the period, the next decade will undoubtedly be different. The past decade was extraordinarily kind to growth firms, as interest rates remained near zero. It has grown at an average annual rate of 27.2% over the past decade.Īs a result, it is now the world’s most valuable company based on market capitalization. Source: Eric Broder Van Dyke / Īpple (NASDAQ: AAPL) has been among the greatest success stories in the recent history of the stock market. That snapshot of short-term wins alludes to a much greater narrative being built with long term success in mind. It handles 2.5X the volume it did in 2019 and now delivers 80% of packages in 48 hours, up from 44% in 2019. Its fintech/payments business is especially impressive, having processed $36 billion of payments, up 80% on a year-over-year basis.Īnd MercadoLibre continues transforming its logistics into a world-class operation. MercadoLibre’s eCommerce revenues grew by an astounding 56.6% in Q4, to $3.0 billion. When you look into the company’s growth and metrics, it’s easy to draw such a comparison. The company is the eCommerce champion of the Latin-American region, often referred to as the region’s Amazon. However, its progress and potential make it a long-term buy despite its relative youth. It is established and stable but is lacking relative to other firms. The eCommerce company is by far the youngest listed here and has a far shorter track record. MercadoLibre (NASDAQ: MELI) is an outlier relative to other stocks on this list. The signs are clear and macroeconomic realities make it a good time to buy MA stock. It’s difficult to see that not occurring as savings are drawn down and credit card use spikes. It wouldn’t be surprising if Mastercard receives very high fee income moving forward if delinquencies rise and higher charges ensue. With consumer credit card debt again reaching new heights post-pandemic, Mastercard looks to be in a sound position. Overall, consumers used their credit cards more, resulting in revenues that increased by 18% at the company. Mastercard saw its cross-border volume increase by 45% in 2022. When Covid-era restrictions vanished, international travel increased dramatically. In 2022, Mastercard’s business boomed for a few reasons. The company is an integral part of the consumer finance industry and connects businesses, consumers, and merchants to one another via payments. Investing in Mastercard (NYSE: MA) stock right now is a simple decision as this is one of the forever stocks that has staying power.
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