Category: Undervalued Dividend Growth Stock of the Week

Undervalued Dividend Growth Stock of the Week: Lowe’s Companies, Inc. (LOW)

This is a prototypical dividend growth stock with 54 consecutive years of dividend increases under its belt. And based on the company’s dominant industry position, scale, brand name, and pricing power, I don’t see those increases stopping. With shares potentially 7% undervalued right now, on top of a yield that’s well above recent historical averages, this could be an opportunity to invest in a high-quality company at an appealing valuation…