Tue, Nov 3, 2020 8:19 PM
India returns to growth for Mondelez in September quarter
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Interest in artificial intelligence (AI) has skyrocketed since the start of 2023, with the launch of OpenAI's ChatGPT kicking off a boom in the industry. As a result, many tech stocks have enjoyed significant gains over the last 12 months as investors have grown bullish over the generative technology. Increased demand for AI services has put a spotlight on chipmakers.
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Enbridge (NYSE: ENB) has quietly done a magnificent job of growing value for its shareholders over the long term. The Canadian energy infrastructure giant has increased its dividend annually for nearly 30 straight years. The company's high-yielding, steadily rising dividend has helped give it the fuel to produce an 11% average annual total shareholder return over the last 20 years.
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You're, of course, familiar with e-commerce giant Amazon (NASDAQ: AMZN). It's one of the world's biggest companies (as measured by market cap), while its stock is one of the market's best-performing equities since the company went public back in 1997, up nearly 250,000% from that point. You may even be a shareholder. As the adage goes, though, past performance is no guarantee of future results.
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