It is no coincidence that Jason Fieber and Mike Nadel recently featured this stock. The three of us do not collaborate on our picks, but we all arrived at the same conclusion at roughly the same time: it’s a good stock with a promising future.
This is one of several high-quality blue-chip companies that I keep on my watch list, but it usually seems overvalued. However, recent market events have brought the valuation into a more attractive range.
This is a high quality company with a wide moat, strong credit rating, good financials and excellent dividend resume. On top of all of this, shares appear slightly undervalued at today’s prices. Overall, I see it as a strong candidate for investment.