Investing in Fortune’s List of Top 100 companies does not necessarily mean that you will have your money grow into millions overnight. In fact, the listing should not be made as a basis. Instead, look for a company that has a very promising future in as far as investments are concerned. You have to consider a company’s potentials, its growth and the type of investment you are most comfortable in. Nonetheless, here is a list of the top three companies that can offer you a very favourable investment environment.
1) Duke Energy
Based in North Carolina and the State’s premier provider of electric power, Duke Energy is one company that boasts of its stability. As the primary supplier of natural gas in most Midwestern States, Duke Energy is very favourable to those who opt to invest in a low-income risk type of investment. Consequently, the company continues to be the leader in as far as investment in the technology of advanced energy production is concerned. Records revel that it is selling at a very high dividend yield at about 5.88%.
At the moment, the company has been into expansion by buying or merging with similar industries here and abroad. To potential investors, putting your money in Duke Energy means that you get more revenue in exchange of a lesser cost because of its lower price to sales ratio.
2) CenturyTel
If you are into dividend investing, then CenturyTel is the company of choice. This company is into communications services such as internet access, local and long distance services and video services among others. With its current price-earning ratio of 13.64, it currently yields at an all-time high of 8.11% rate of dividends. Accordingly, the kind of investing strategy that the company is offering is very favourable to investors whose primary concern is to preserve its capital.
During the past two years, CenturyTel has expanded its operation serving more clients and states. It continues to grow in spite of the economic turmoil and with the way things are going, it will be a long time before the market will turn its back toward this industry.
3) Starbucks
There is more to coffee than meets the eye and this is what Starbucks want to prove to its investors. In fact, over the past ten years, the company has been popping everywhere providing people with a great coffee experience. With the expansion expected to continue in the future, the company will also retain its dominance providing the company with a more stable financial standing. Moreover, the company continues to innovate by reaching out the retail market. As such, it continues to increase its earnings and its growth continues to rise as well. Above all, it pays out dividends.
At present, no other company has exhibited such positive growth the way Starbucks does. As an investor, where else will you put your hard-earned money if not from a company that is known for its impressive growth and strong earnings?