Author: Mike Nadel, Dividends And Income

It’s a wide-moat, financially strong company, and it’s growing earnings, revenue and dividends. In short, it merits a larger presence in our Income Builder Portfolio.

As a long-term investor with a diversified portfolio and a strong income stream, I am happy to own a few bank stocks — and this is one of them.

It appears to be something of a bargain. That makes it different from most of our recent buys, and for that matter, most recent buys by everybody everywhere!