‘Smart Money’ Dividend Stocks to Buy

Every now and then, it is nice to take a peek over the shoulder of a successful investor to see what their high-conviction buys are. When you read a headline that “Warren Buffett is buying Company X,” you’re naturally inclined to do a little digging into Company X’s financials. After all, if it’s good enough for Buffett, it might be good enough for you.

Today, I’m going to look at one high-conviction dividend stock each from five well-known superinvestors. My criteria is simple enough: The stock must be a significant holding in the guru’s portfolio, and it must pay a respectable dividend: Warren Buffett: Wal-Mart (WMT), David Einhorn: Apple (AAPL), Joel Greenblatt: Northrop Grumman (NOC), Bill Ackman: General Growth Properties (GGP) and Mohnish Pabrai: Goldman Sachs (GS).

Source: InvestorPlace

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