3 Incredible Dividend Stocks That Just Hit All-Time Highs but Could Have More Room to Run

16.10.24 11:45 Uhr

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While it may feel counterintuitive to buy a stock at an all-time high, companies that are charting a path toward higher earnings can often justify a record market cap. This principle is why the largest U.S.-based companies by market cap -- like Microsoft -- have enjoyed multi-decade expansion periods where all-time highs are seemingly shattered every few years.Megacap growth stocks are undoubtedly responsible for leading the broader indexes to new heights, but there are plenty of pockets of the market that are enjoying their own rallies.Oil and gas integrated giant ExxonMobil (NYSE: XOM), utility Vistra (NYSE: VST), and home improvement giant Home Depot (NYSE: HD) are three dividend stocks that just hit all-time highs. Here's why three Fool.com contributors picked these stocks as candidates for moving even higher.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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