Unilever will continue to perform exceptionally wellUnilever has been growing steadily and healthily for years, offering increasing dividend yields.
Companies like NYSE:UL are always i deal to have in your portfolio. Right now, after hitting all-time highs, it has pulled back to its support level, offering a chance to buy the stock at a good discount.
As if that wasn't enough, it's close to its annual trend that's been developing for decades, which means it's one of the best times in history to buy, not just for short-term gains of around 20% in a few days, but also for long-term appreciation and dividends.
Unilever fundamentals
Unilever is set to keep growing steadily in the coming years. Analysts expect its earnings and revenue to grow by about 7.4% and 3.5% per year, respectively. The company's EPS (Earnings Per Share) i s predicted to increase by 5.7% annually . Plus, Unilever's return on equity is forecasted to be around 42.5% over the next three years.
Unilever's focus on sustainability and innovation is also expected to drive its growth. The company is recognized as one of the most sustainable globally, with significant efforts in renewable energy, circular economy, and decarbonization. These initiatives are part of Unilever's strategy to achieve sustainable growth and reduce its environmental impact.
