My Top Growth Stocks Aug 2023
Use recurring investing for risk management and long-term wealth accumulation. Recurring investing, often referred to as dollar-cost averaging (DCA), involves consistently investing a fixed amount of money at regular intervals (such as monthly or quarterly) into the market, regardless of its current price level. This strategy offers several benefits that tie into the idea of mitigating risk:
High Potential Growth hold for years
ROLLS ROYCE
SYMBOL: RYCEY
RECENT PRICE: $2.54
Book value: $3.30
MARKET CAP: $21.38 Billion
About Rolls Rycey
Rolls-Royce Holdings plc operates as an industrial technology company in the United Kingdom and internationally. The company operates in four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.
Covid caused the stock price to fall. Ever Since Airlines open back up this stock has been doing well ever since.
HIGH POTENTIAL GROWTH HOLD FOR YEARS.
AT&T
SYMBOL: T
RECENT PRICE: $14.05
AVERAGE ANALYST PRICE TARGET: $20.00 (42.3%)
MARKET CAP: $100.73B
EXPECTED EX-DIVIDEND DATE: JULY 07 2023
EXPECTED PAYMENT DATE: SEP 18 2023
EXPECTED DIVIDEND & YIELD: 7.90%
- AT&T does still have many positive attributes for the conservative buy-and-hold investor.
- With limited near-term growth potential, the stock can be likened to a high yield bond at this stage.
HIGH POTENTIAL GROWTH HOLD FOR YEARS
Splash Beverage Group
SYMBOL: SBEV
RECENT PRICE: $0.84
AVERAGE ANALYST PRICE TARGET: $2.50 (197.6%)
MARKET CAP: $35.96M
Splash Beverage Group, Inc. engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa di Vino name; and Pulpoloco Sangria.
This is a stock we can help grown while we invest!
While recurring investing is an effective strategy for mitigating risk, it's important to note that no investment strategy is entirely risk-free. Markets can still experience downturns that impact all investors. However, by staying committed to a well-thought-out investment plan and focusing on the long term, recurring investing can help you navigate these uncertainties more effectively. It's crucial to align your investment strategy with your financial goals, risk tolerance, and time horizon to make informed decisions that suit your individual circumstances.
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