If you haven’t noticed, there has been a lot of talk about something that we haven’t heard about for almost a decade — inflation.
For the past nearly 10 years, the Federal Reserve and all the central banks in all the industrialized nations have been managing interest rates to keep them outrageously low until the financial system had a chance to right itself.
Now, we’re in the next phase of that great experiment. Economies are coming back online and central banks are starting to raise interest rates to keep inflation a bay while not shutting off the green shoots of growth.
But this isn’t a science. It’s a bit messy. It means that growth will be more uneven than it has been in the past. And you need to find firms with solid sales earnings growth as well as technical and fundamental strengths to keep the profits rolling.
These are seven fast-growing stocks to buy today that will keep you in good stead for years to come.
Top 10 Low Price Stocks To Buy Right Now: Welltower Inc.(WELL)
Another REIT I have my eye on is healthcare REIT Welltower, the largest real estate investment trust that specializes in healthcare properties and one of the largest REITs of any kind in the market.
Healthcare REITs have also been one of the sector’s underperformers recently, especially those that own senior housing. One big factor is that there are fears of oversupply in the senior housing industry. And to be clear, I’m not refuting that — developers have certainly produced new inventory faster than the growth rate of the market.
However, oversupply is a temporary problem, especially with a long-term growth opportunity as big as senior housing. And as a result of it, along with overall REIT weakness, Welltower trades for less than 13 times last year’s FFO.
Welltower owns nearly 1,300 healthcare properties, the majority of which are senior-oriented. Approximately 72% of the company’s NOI comes from senior housing and another 11% comes from long-term care properties. The other 17% of the portfolio is made up of outpatient medical facilities, and while this isn’t a senior-specific property type, they do make a disproportionately large amount of their money from older patients.
Here’s why you should care, especially if you measure your investment time horizon in decades. The U.S. population is aging rapidly, due to a combination of the massive baby boomer generation and generally longer life expectancies. In fact, the 65-and-older population is projected to roughly double by 2050 (when the oldest millennials will be pushing 70), and the 85-and-older population is expected to double in just 20 years.
This should create a huge, sustained growth in demand for senior-focused healthcare, and with such a high concentration of these properties, Welltower is in a good position to benefit. Furthermore, Welltower has the financial strength to develop properties in high-barrier urban markets, like Manhattan and Toronto, where the company is currently building senior living facilities. These properties provide the company a big edge over competitors, as 65% and 73% of the seniors in those respective cities want to stay.
Top 10 Low Price Stocks To Buy Right Now: Chevron Corporation(CVX)
Chevron has a good reputation for paying dividends. Not only does the oil giant have a yield of 3.6% right now, it’s also made annual dividend increases for more than 30 years. The most recent boost came earlier this year, taking the quarterly payout up by 4% to $1.12 per share.
IMAGE SOURCE: CHEVRON.
Many oil companies have had to adjust to lower crude prices by finding ways to enhance production rates by adding to their assets. Yet at least so far, Chevron has avoided that strategic direction, instead focusing its efforts on cost reduction and making the most of its current production assets. Chevron isn’t giving up on strategic acquisitions and other investments, but anticipated annual spending levels of $18 billion to $20 billion aren’t nearly as large as they might seem for a company its size. With the recent rise in oil prices, Chevron’s bigger bet on the long-term promise of various shale plays across the U.S. could pay off without nearly as big a shift in its business model. And that could prove to be the best possible outcome for this global oil giant.
Top 10 Low Price Stocks To Buy Right Now: Twitter, Inc.(TWTR)
Twitter (NYSE:TWTR) shares look ready to resume the upward march that started late last summer, more than doubling off of its September low into the high set in March.
A profit-taking pullback ensued, but the bulls are on the charge again pushing shares up and over their 50-day moving average. Aegis analysts highlighted in a recent note to clients that both Walt Disney Co (NYSE:DIS) and Viacom (NASDAQ:VIAB) have announced partnerships to deliver content — including live and unique programming — on the platform.
The company will next report results on July 26 before the bell. Analysts are looking for earnings of 16 cents per share on revenues of $696.4 million. When the company last reported on April 25, earnings of 16 cents per share beat estimates by five cents on a 21.3% rise in revenues.
Top 10 Low Price Stocks To Buy Right Now: Phillips 66(PSX)
Phillips 66 (NYSE:PSX) is a welcome breath of fresh air in the energy space. That’s because while many energy stocks were slowing dividend growth down to a trickle during the oil-price collapse starting in summer 2014 – or even cutting payouts – Phillips 66 has kept the income pipeline flowing.
Namely, since 2014, this refiner and midstream company has juiced its dividend by nearly 80%, including a substantial 11% hike last year.
PSX should have plenty of ammunition for another dividend increase come early May, when it typically makes an announcement. That’s because the company reported yet another excellent quarter a couple months ago that beat the pants off analyst estimates – profits of $1.07 per share were well ahead of the consensus estimate of 86 cents.
But the spending won’t end there. Phillips 66 also plans to spend $500 million more on capital expenditures in 2018 than it did in 2017, which should fuel growth over the coming years.