Shhh! 3 Secret Retirement Stocks Flying Below Wall Street's Radar

Group 1: Cardinal Health (CAH) - Cardinal Health is a large healthcare distribution company targeting hospitals, surgery centers, laboratories, and physician facilities [2] - The share price increased by approximately 25% over the past year due to a solid business model and increased demand for generic drug products [2] - In Q2 of 2024, total revenue grew by 12% year-over-year, with net income rising from a loss of $130 million in Q2 of 2023 to $354 million in Q2 of 2024 [2] - The company raised its earnings per share guidance for fiscal year 2024 to $7.20 to $7.35, up from the previous projection of $6.75 to $7.00 [2] - Cardinal Health offers a dividend yield of 1.94%, with a consistent increase over nearly three decades [3] - The share price has more than doubled over the past five years, making it a reliable income-generating option [3] Group 2: Toyota Motor (TM) - Toyota Motor manufactures a variety of vehicles, including trucks, vans, sedans, SUVs, electric vehicles (EVs), and luxury models [5] - In Q3 of 2024, total revenue increased by 23%, and net income nearly doubled year-over-year [5] - Toyota raised its total sales expectations to approximately $294 billion from a previous estimate of $290 billion [5] - March sales increased by 22% year-over-year, with EV sales rising by 61% to over 78,000 units, making up slightly over one-third of total sales [5][6] - The share price increased by 66% over the past year and 84% over the past five years, indicating strong growth potential [6] Group 3: Manulife Financial (MFC) - Manulife Financial provides various financial products, including asset management, insurance, and annuities [7] - The company has a strong dividend yield of approximately 4.73%, which has been raised for ten consecutive years [7] - Over the past year, the share price increased by 18% and by 27% over the last five years [7] - In Q4 of 2023, total revenue grew by 15%, and net income rose by 85% year-over-year [8] - Manulife Financial is positioned as a solid opportunity for long-term income generation, particularly for retirement accounts [8]