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by mahkeiro 1602 days ago
Just look at Intel to see a company that was managed by the accounting people. Great numbers for a few years, large dividend, etc, but now they have to spend billions and billions to put the company back on track and give it a future.
1 comments

Disagree. Intel has had continuous dividends for at least 30 years.

Few giant American companies have been as consistently successful as Intel. I can think of only Microsoft, one or two energy conglomerates like ExxonMobil, a telecom or two like Verizon, and maybe a bank like Goldman Sachs.

Abbott Labs, CR Bard, Deere & Co.

Something about staying in your lane while increasing opportunities in that lane seems to be a good long-term formula.

Yep, Bard is part of BD, which is a large beast. Abbott/Abbvie always has something going for them. UnitedHealth has done well for years and years as it has grown. There might also be a stable industrial I am forgetting like a chemical company or 3M.

But overall, giant companies with 30 year runs of knockout growth and/or dividends like Intel are Cinderella stories. Google will be the next one to qualify in a few years I suppose.

Sorry should have been more precise but I was also counting in the very large stock buyback that came to a end in early 2021.