Welcome back to this weekly series on finding undervalued dividend growth stocks to research.
It was another volatile week in the market but at the end the Dow is up 1.34%, S&P500 is up 0.77%, and the NASDAQ is flat at 0.01%. If it wasn’t for the rally on Friday we would have been down across the board.
While the indexes are doing well for the week, the month of January has been one of the worst in the history of the market. On one side, I like the lower prices, but the volatility is a lot to handle in the short run. Let’s hope things calm down in February.
Even with the market flat this week, there are plenty of companies that have had their share prices sent lower. Lower prices means better valuations and higher yields. With that said, here are some quality dividend growth stocks that are appearing undervalued based on all 5 of my valuation methods:
- Discount to Analyst Price Target
- 5% or more off the 52-week high
- Discounted Cash Flow (DCF)
- P/E Mean Reversion
- Dividend Yield Theory (DYT)
Some new names to the list this week and all are top quality dividend growth stocks. This list should be used to begin your research to determine if the stock meets all of your investment goals and criteria. Valuation should only be one of many aspects you look at when deciding to make an investment.
Best of luck, happy investing, and check back next week for more undervalued stock ideas!
looking good