The industrial company's payout ratio suggests it can grow the dividend aggressively, but investors should think twice.It's been a while, but 3M (MMM 0.38%) finally and formally cut its dividend recently, approving a dividend of $0.70 for the second quarter, down from the previous quarterly payment of $1.51. Annualizing the dividend means $2.80 per share for the full year, implying a dividend yield of 2.8% using Wednesday's closing price.3M's dividend cutIt was no secret that 3M would cut its dividend since ...

AMD was dealt a reality check after the last earnings update.Shares of Advanced Micro Devices (AMD 1.14%) have pulled a stunning round trip so far in 2024. Following management's increasingly upbeat commentary on sales related to artificial intelligence (AI) early in the year, the stock soared higher.But then reality started to settle in after the first-quarter update, and shares are now down about 30% from those peaks, reached early in the spring. If you've been following along, there's always been a clear ...

Does this unique e-commerce platform have a brighter future?While E-commerce has lost some of its luster to newer hype cycles like generative artificial intelligence (AI), it is still one of the most transformational technology megatrends in our lifetime. And Shopify (SHOP 1.25%) offers investors exposure to the small business side of the equation through its storefront creation platform. Let's dig deeper into what the next five years could have in store for the company.A business in recovery mode Like many ...

Shares of this retail giant are currently well off their recent high.Since its initial public offering in 1981, Home Depot (HD 0.43%) has done a fantastic job of growing shareholders' capital. It has helped that the business has paid a dividend for a jaw-dropping 148 straight quarters, a mark of consistent success over many decades.Investors who want to add a dominant blue chip enterprise to their portfolios might be considering Home Depot. But before you buy the retail stock, here are three must-know facts ...

Just because a stock is higher than ever doesn't necessarily mean it's expensive.While it's tough to argue that most of the "Magnificent Seven" stocks would be bad long-term investments, there are two in particular that I'd be eager to buy right now. Amazon.com (AMZN 0.58%) is trading at just 2% below its all-time high, but its profitability is still in the relatively early stages.The other is Alphabet (GOOGL 1.08%) (GOOG 1.06%), the parent company of Google. Alphabet actually just reached a fresh all-time ...

The valuation has come down as sales growth slowed in early 2024.There's a palpable fear of missing out among investors when markets are soaring as they have been in the past year. It's hard not to feel regret, after all, if you don't own top-performing stocks that are doubling or tripling the wider market's return.Of course, it isn't possible to know ahead of time which stocks will jump higher in the short term. Investors may get some clues to that performance potential, though, usually in the form of mark ...

These companies are proven value creators with visible growth ahead.Some companies have a knack for making their investors richer. They operate highly profitable businesses, giving them ample cash to fund their growth while returning money to investors. Brookfield Renewable (BEPC -1.56%) (BEP -0.32%) and Prologis (PLD 0.64%) are proven wealth creators. They're in an excellent position to continue enriching their investors in the future. That makes them great stocks to buy for those seeking to grow their wea ...

Investors looking for an alternative to Nvidia can consider buying this AI stock before it soars higher.Nvidia (NVDA -1.99%) has been one of the hottest stocks on the market in recent months, and that's not surprising, as the company has played a critical role in the artificial intelligence (AI) revolution.Companies in the race to develop and deploy AI applications have been turning to Nvidia's graphics processing units (GPUs) to utilize the parallel computational power of its chips so that they can train l ...

The AI market is booming, and these chipmakers could be a lucrative way to back the budding industry.Interest in artificial intelligence (AI) has skyrocketed since the start of 2023, with the launch of OpenAI's ChatGPT kicking off a boom in the industry. As a result, many tech stocks have enjoyed significant gains over the last 12 months as investors have grown bullish over the generative technology.Increased demand for AI services has put a spotlight on chipmakers, highlighting the crucial role they have t ...

Another stock might be the apple of Buffett's eye now.Anyone familiar with Warren Buffett knows the famous investor likes Apple (AAPL 0.02%). He has called the company a better business than any of Berkshire Hathaway's subsidiaries and better than longtime Berkshire holdings American Express and Coca-Cola. However, another company is attracting Buffett's attention even more these days: Occidental Petroleum (OXY 0.88%). Could Buffett like this stock more than Apple because of its once-in-a-generation opportu ...