My 2 Favorite Stocks to Buy Right Now

Top Picks for Immediate Stock Investments

In the world of investment, there are always opportunities to be found. Two companies that have been catching the eye of investors lately are PepsiCo (PEP) and Realty Income (O).

Previously known as a landlord, Ventas (VTR) has now evolved to own and operate its own properties. However, a speaker has recently sold their shares in Ventas, citing a shift in the company's direction as the reason. Instead, they have taken an interest in Realty Income (O), a company that stands out for its diversified portfolio.

Realty Income (O) owns a mix of single-tenant retail properties, industrial assets, and "other" assets, including vineyards and casinos. This diversification is not limited to geography, with the company's portfolio spread across the United States and Europe, making it one of the most diversified REITs you can buy.

The company's dividend yield currently stands at 5.6%, and it is a Dividend Achiever, having increased its dividend for at least ten consecutive years. In fact, Realty Income has a remarkable track record, having increased its dividend annually for the past three decades.

PepsiCo (PEP), on the other hand, is a consumer staples giant and one of the largest snack makers, beverage makers, and packaged food companies. It stands toe to toe with its peers when it comes to scale, distribution, and research and development. PepsiCo is also a Dividend King, with over five decades' worth of annual dividend increases.

Currently, PepsiCo is trading at a lower price compared to its pre-coronavirus pandemic highs, much like Realty Income. PepsiCo's stock is down around 30% from its 2023 highs, but its 4.3% dividend yield is near the high end of the stock's historical yield range.

The speaker, who currently favours dividend bonds from companies such as Siemens, BMW, Daimler Truck, Volkswagen, and Mercedes-Benz, has recently added to their position in PepsiCo despite it dropping another 15% after they bought it. They believe that Realty Income will provide a good return in retirement due to its high yield and potential for growth.

In addition to its strong dividend, Realty Income offers asset management services to institutional investors. This added revenue stream could potentially contribute to the company's future growth.

As always, it's essential to do your own research before making any investment decisions. These companies are just two examples of dividend stalwarts that have caught the attention of investors.