NEW YORK ( TheStreet) -- It makes sense for most long-term investors to put at least some of their loot into speculative positions. I invest anywhere from 10% to 20% of my portfolio in ultraspeculative stocks such as Pandora (P) and Wendy's (WEN) and growth plays that don't pay dividends, such as Madison Square Garden (MSG).
The core of my portfolio, however, sits firmly in growth companies paying generally stable and increasing dividends.
In this article, I discuss two dividend stocks to consider buying and one to avoid.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV