Every Sunday, I uncover a high-quality dividend growth stock that appears to be undervalued. These pieces are published at Daily Trade Alert, which is a site that focuses on dividend growth investing, stocks, and unique investment opportunities. I’ve been writing for them for years now, and they’re just great over there. Each week, I publish an excerpt of my work here, when it’s fresh off the press. This is your opportunity to check it out. I hope you enjoy!
A global pandemic.
War in Europe.
Unfortunately, this sounds a bit like the world 100 years ago.
History might not completely repeat itself, but it does often rhyme.
This can teach investors a valuable lesson.
Image courtesy of: Stuart Miles at FreeDigitalPhotos.net.
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Thanks for another great article. I agree that HD is undervalued right now. How exactly did Morningstar come up with a price estimate of $244? That seems like what the price estimate should have been a couple years ago.
Jim,
Yeah, I think Morningstar is way too conservative with their FV estimate on HD. I believe I mentioned this same thing the last time I did a piece on HD. Morningstar has been behind the curve all along with this one. They do note that they’ll be bumping up their number; however, I think that still keeps them behind where they should be.
Cheers!