From Motley Transurban Group
Since their March 2009 lows, shares in Transurban Group (ASX: TCL) have risen by 87%. However, there could be much more to come, since the toll operator continues to deliver consistently strong growth numbers that the market could value even more in 2015.
Indeed, with the prospects for the global economy continuing to be highly uncertain, investors could begin to value strong and reliable earnings growth even more than they do at present. And, when it comes to that type of growth, Transurban has a supremely strong track record, with its bottom line growing at an annualised rate of 19.1% over the last ten years.
Furthermore, with shares in Transurban yielding a partially franked 4.4%, their total return could be excellent come economic rain or shine in 2015.
While Transurban, Telstra and Fortescue could deliver highly appealing total returns in 2015, there is another ASX stock that I believe could outperform them all.
In fact, it's recently been named as The Motley Fool's Top Dividend Stock For 2015 due to its fat, fully franked yield, super-low valuation and stunning growth prospects. Click here to find out all about it - it's completely free and without any further obligation to do so.
TCL Price at posting:
$8.50 Sentiment: Hold Disclosure: Held
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