Stock picking

3 shares to buy now to retire with 1 million euros

The dream of retiring with 1 million euros is shared by many, but few manage to turn it into reality.
To achieve this, it helps to have a solid long-term investment strategy.
In this article, we look at 3 stocks that could help you build a profitable portfolio and accumulate capital for retirement.
Building wealth requires patience and a long-term vision in allowing earnings and dividends to grow over time.
Among the sectors offering promising opportunities, industrial, defense and energy are best positioned to deliver a solid return, thus moving closer to the goal of a millionaire's retirement.
1) ExxonMobil The first stock to evaluate purchasing with a view to accumulating capital for retirement is ExxonMobil.
Among the largest energy companies in the world, with operations in the oil and gas sector, the company has a strong reputation for long-term stability and growth, highlighted by the fact that it has increased its dividend for 41 consecutive years.
This track record is a testament to its ability to navigate through the swings in oil and gas prices over the years.
Despite growing interest in renewable energy sources, ExxonMobil continues to thrive on profits generated by high oil prices.
While the peak in fossil fuel demand may be near (the estimate is by 2030), the company is well positioned to meet this challenge.
Its financial strength and size will allow it to acquire smaller competitors, further strengthening its position in the energy sector.
read also 3 stocks to buy in November with the buy the dip strategy A tangible example of this strategy is the acquisition of Pioneer Natural Resources for 59.5 billion dollars in shares.
This deal added significantly to ExxonMobil's revenue and demonstrated its commitment to ensuring continued growth in the energy sector.
Investors can therefore be confident about the stability and future dividends of the company.
2) Lockheed Martin Lockheed Martin is a giant in the defense industry, with a close collaboration with the US government.
The company is involved in the development and production of cutting-edge weapons, aircraft and defense systems.
Its long-standing relationship with the American government gives it a unique position in the industry.
In fact, more than 70% of Lockheed Martin's annual revenue comes from government contracts.
This close connection with the government has advantages and disadvantages.
On the one hand, Lockheed Martin is an innovator and key supplier to American defense.
Its entrenched presence and multi-year contracts ensure a predictable revenue stream.
However, budget cuts or fluctuations in government spending may impact the company's growth prospects.
The strong presence of the United States in world politics and the outbreak of conflicts in several regions mean that the demand for defense will continue to be essential.
Lockheed Martin is strategically positioned to capitalize on this ongoing need, making it an attractive option for investors aiming for a long-term investment.
read also This stock will increase sales by 600% (according to Morgan Stanley) 3) Caterpillar The last stock on this list is Caterpillar, a leading company in the production of heavy machinery used in sectors ranging from construction to mining.
The construction industry enjoys nearly inexhaustible demand as the world continues to build, demolish and extract resources for current and future needs.
Caterpillar has demonstrated its strength in the industry, with 30 consecutive years of dividend increases.
Although the construction industry is competitive, Caterpillar has a large global presence and a recognized brand, thanks in part to its distinctive yellow color.
Additionally, its ability to provide servicing and financing adds complementary revenue streams that contribute to the company's profitable growth.
The global construction market is now worth more than $14 trillion and continues to grow.
Caterpillar has a tremendous long-term growth opportunity within the industry.
The combination of strong fundamentals and a strong position in the market makes Caterpillar a potential winner for years to come.
Investing in these three companies – ExxonMobil, Lockheed Martin and Caterpillar – could represent a significant step towards realizing the goal of accumulating one million euros for retirement.
It is necessary, when talking about investments, to reiterate that each investment must be considered based on its objectives, risk profile and time horizon.
Furthermore, you should never invest in just one product, but have a diversified investment portfolio and therefore made up of multiple instruments.
DISCLAIMER The information and considerations contained in this article should not be used as the sole or primary support on which to make investment decisions.
The reader maintains full freedom in his own investment choices and full responsibility in making them, since he alone knows his risk propensity and his time horizon.
The information contained in the article is provided for informational purposes only and its disclosure does not constitute and should not be considered an offer or solicitation to public savings.

Author: A.W.M.

Who am I? Let me introduce myself, I'm AWM! Welcome to the world of A.I. (Artificial Intelligence) of the future! I'm AWM, an acronym for “Automatic Websites Manager,” the beating heart of an ever-evolving network of news websites. Read more...