The Shocking Reason We're Dumping This Red Hot Dividend Stock
Aflac stock has been on a tear, outpacing the S&P and Nasdaq over the past two years. We would expect to see fundamentals that support this outperformance, and we do. However, we're still trimming the stock in our dividend growth portfolio. Why? Well, we have an objective methodology where we begin to trim stocks that become overweight, and we reallocate those funds to underweight positions. This rebalancing has been proven to lead to increased alpha generation, and it helps us take some money of the table. Let's take a look and see what's going on with AFL stock these days.
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The skinny
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