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Is U.S. Bancorp (USB) a Smart Long-Term Buy?

April 11, 2022

Via: Yahoo

ClearBridge Investments, an investment management firm, published its “Dividend Strategy” fourth quarter 2021 investor letter – a copy of which can be downloaded here. The ClearBridge Dividend Strategy outperformed its S&P 500 Index benchmark during the fourth quarter. On an absolute basis, the Strategy had gains in 10 of 11 sectors in which it was invested for the quarter. The main contributors to Strategy performance were the IT, health care, and materials sectors. The communication services sector, meanwhile, was the sole detractor. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

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