Seeking Growth Stocks Without Dividends for Regular Investment Plan
Hello fellow investors,
I’m looking for recommendations on growth-oriented companies that do not pay dividends, and have relatively stable stock prices without being excessively overvalued. My broker offers me a free 1% of my spending added to a monthly savings plan. As this is a nice bonus to my spending, I want to use this offering. Because this is an automatic savings plan, timing the market isn’t possible. Investing in index funds also isn’t a viable option due to the complex tax implications involved, especially since my broker doesn’t provide tax reporting services.
Given these constraints, I’m interested in individual stocks that reinvest earnings into growth rather than distributing dividends. Companies that have demonstrated consistent growth and maintain a reasonable valuation would be ideal. Until now I have chosen BKR-B, but they are just so big already and hardly growing. That is why I am looking for alternatives.
I would appreciate any suggestions or insights you might have on such stocks. Thank you in advance for your help!