Google, known as Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL), and Meta Platforms, Inc. (NASDAQ:META), are highly regarded growth stocks with significant potential for investors.

Some people may argue that as a dividend-focused writer, I shouldn’t discuss non-dividend growth stocks. However, I believe that incorporating growth stocks like Google and Meta into a well-rounded portfolio can yield impressive results.

The Historical Performance of Growth Stocks

In the past, stocks like British American Tobacco (BTI) and TC Energy (TRP) have traded at historically low valuations. This presents a unique buying opportunity for investors.

• TC Energy offers a compelling 8% yield, while British American Tobacco has achieved the highest yield in 23 years at 9.3%.
• Despite stagnant stock prices, these companies have seen their sales, earnings, cash flow, and dividends increase over the years.
• Investors who remained patient and held BTI and TRP stocks earned significant returns.

“If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes.” – Warren Buffett.

By combining high-yield stocks like BTI and TRP with growth stocks like Google and Meta, investors can outperform the market even during periods of strong technological growth.

Moreover, this strategy allows for steady income growth and avoids the pitfalls of chasing short-term gains and experiencing FOMO (fear of missing out).

The Power of Combining Growth and Yield

When analyzing historical data, portfolios that included both high-yield and high-growth stocks consistently outperformed the market. They experienced minor periods of underperformance, but overall, their returns matched or exceeded those of the broader market.

This strategy is especially beneficial for investors with long-term investment horizons who want to maximize their dividend growth potential and generate