United Technologies (NYSE: UTX ) is a selection for the real-money Inflation-Protected Income Growth portfolio. In this brief video, portfolio manager Chuck Saletta offers three reasons why he's holding on to United Technologies' stock despite the company's modest gain since he bought it last year.
Help your money compound faster
United Technologies' dividend was key to its selection for the iPIG portfolio. A well-covered and rising dividend, reinvested over time, can help your money compound faster and could ultimately make you rich. It's as simple as that.
With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.
- United Technologies' market price is close enough to Chuck's fair-value estimate to continue holding.
- United Technologies' balance sheet is solid, with a 0.7 debt-to-equity ratio.
- United Technologies' dividend is well-covered and has room to increase as the company grows.
To follow the IPIG portfolio as buy and sell decisions are made, watch Chuck's article feed by clicking here. To join The Motley Fool's free discussion board dedicated to the IPIG portfolio, simply click here.