AAPL

Skip Apple and Buy This Cheap Dividend Stock

The thing is, for years investors have run to Apple (NASDAQ: AAPL) for safety, and for good reason. Apple is a great company, but its current valuation and lack of growth in 2023 does not make the stock that compelling at these levels.

Instead, the stock in today's video is not only a large-cap company, but it is trading at a single-digit earnings multiple. The stock also grows its dividend at a fast pace. Don't miss this!

*Stock prices used were end-of-day prices of March 20, 2023. The video was published on March 22, 2023.

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Bank of America is an advertising partner of The Ascent, a Motley Fool company. Mark Roussin, CPA has positions in Bank of America. The Motley Fool has positions in and recommends Apple and Bank of America. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple. The Motley Fool has a disclosure policy.

Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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