TD Ameritrade | October 29, 2020
In a discussion with TD Ameritrade’s Nicole Petallides, Simeon Hyman says the market has seen “a lot of decent economic news,” including four straight months of ISM manufacturing and strong retail sales, “so the recovery is in hand but, of course, it’s not going to be a straight line.” Hyman suggests dividend growth strategies, such as NOBL, are a potential good fit for such an environment. NOBL follows the S&P 500 Aristocrats Index, which focuses exclusively on companies in the S&P 500 that have increased dividends for a minimum of 25 consecutive years. Turning to pet care, Petallides notes PAWZ performance throughout the pandemic and points to Chewy as a “pandemic winner.” Hyman says pet health care is another important piece of the pet care industry, stating the sector makes up about half of the holdings in PAWZ. See PAWZ performance and holdings. See NOBL performance and holdings.
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