3 Stocks BlackRock Is Betting On for Long-Term Gains
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BlackRock, the world's largest asset manager, has increased its holdings in several Spanish stocks, including Banco Sabadell, Telefónica, and Cellnex. These companies offer a combination of high dividend yields and growth potential, with strong cash flow visibility and recurring revenue streams.
BlackRock has increased its stake in Cellnex Telecom, a leader in European telecom towers, with a dividend yield of 1.33% and expected EPS growth of 42.4% in 2026. The company benefits from rising data demand driven by 5G and digitalization. BlackRock has also increased its stake in Telefónica, with a dividend yield of 6.26% and expected EPS growth of 9.7% in 2026. The company's focus on technology, including 5G and fiber networks, maintains its long-term competitiveness. Additionally, BlackRock has increased its stake in Banco Sabadell, with a dividend yield of 6.88% and expected distribution of €2.5 billion to shareholders. The bank has clear strategic objectives to improve profitability and capital through 2027. These investments demonstrate BlackRock's focus on stable businesses with recurring revenue and strong cash flow visibility. The company's investments are supported by long-term trends like 5G and digitalization.
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