This stock, which offers a yield near 3% and more than 20 consecutive years of dividend increases, is potentially 21% undervalued.
This is one of the highest-quality companies in the world. The company’s products are ubiquitous, bolstered by arguably an unrivaled user experience. The fundamentals are outstanding across the board. The company’s unequaled cash hoard of hundreds of billions of dollars seems likely to be largely used toward buybacks and dividends moving forward. Add in the possibility that shares are 27% undervalued, and you have one of the best long-term opportunities in the market for long-term dividend growth investors.