Author: Hilary Kramer, Investor Place

Its very attractive valuation, as well as its 2.5% dividend yield, should add a good layer of support.

It remains a very cheap stock and quality investment, especially when you consider how well the company is executing its strategic plans for future growth.

The recent market sell-off has opened up a lot of exciting new opportunities, and this is one of them. Even if the company doesn’t get bought out, shares could easily rise double-digits over the next 12 months.

Buy the news and take the rumors with a grain of salt.