Author: James Long and Chuck Carnevale, FAST Graphs

This undervalued stock has huge potential for capital appreciation in under 3 years.

Its high current yield and potential dividend growth provide the double-barreled benefit of current income and long-term capital appreciation.

If you’re an income-oriented investor looking to grow both your income and your overall wealth, then we believe it offers a great opportunity at current levels.

I believe now would be a very good time to be building a position. In the long run, I think we’re looking at very, very substantial rates of return at very, very controlled risk. You’ve got a nice margin of safety and a good dividend (extremely well-covered by financials).

Even if it trades at the current valuation, it’s reasonable to expect a total 8%-11% return by the end of 2023.