By Matthew Makowski Searching for a dividend growth stock can be like looking for a needle in a haystack. Which makes sense… Companies focused on growth typically reinvest cash on hand into future growth instead of paying out a dividend.
A perfect example of a growth stock from the way back machine is Amazon (Nasdaq: AMZN). The internet commerce juggernaut went years without turning a profit. Amazon CEO Jeff Bezos long maintained that investing in growth was far more important than hitting quarterly earnings targets.
The strategy proved to be a salient one that landed Amazon’s founder the top spot as the richest man in …read more
