If you like high-yield investments you've probably had both British American Tobacco (NYSE: BTI) and Kraft Heinz (NASDAQ: KHC) pop up on your stock screens. If you focus exclusively on the dividend, the best choice here is British American Tobacco. British American Tobacco is providing investors with an 8.4% dividend yield.
If you're looking for a simple way to generate wealth in the stock market with little effort, you can't go wrong with an exchange-traded fund (ETF). An S&P 500 ETF tracks the S&P 500 (SNPINDEX: ^GSPC), meaning it includes all the stocks within the index. The Vanguard S&P 500 ETF (NYSEMKT: VOO) can be a particularly smart investment because of its low expense ratio of just 0.03%.
A strong market backdrop has lifted Apple (NASDAQ: AAPL) even further. Apple is known for selling popular hardware devices. Five years ago in fiscal 2019, 82% of Apple's total revenue came strictly from products.
If you're on a quest to build lasting wealth in the stock market, the secret is simple: Invest in high-quality companies and hold onto them for the long term. Think payment processing, transaction handling, and investment platforms -- these are vital players in the digital economy that continues to thrive. Here are three no-brainer payments companies you can invest in for less than $1,000 today that can help solidify your portfolio.
Nvidia (NASDAQ: NVDA), the producer of the world's most powerful artificial intelligence (AI) chips, has been at the forefront of the AI revolution. All this has helped the tech giant deliver double- and triple-digit quarterly revenue in recent years and has sent revenue to record levels. Nvidia chief executive officer Jensen Huang, speaking at CES earlier this month, said AI is progressing at an "incredible pace."