By: Dividend Sensei
Speculative manias are all around us, from Dogecoin recently surpassing $100 billion in market cap to the S&P 500 becoming 38% overvalued.
Fortunately, wonderful blue-chip bargains are always available, if you know where to look.
Berkshire increased its position in this high-yield blue-chip by 20% in Q4, after taking a starter position of $2 billion in Q3 2020.
This dividend aristocrat is the best high-yield Buffett blue-chip bargain on Wall Street today. This future dividend king is 24% undervalued and priced for 0.4% growth.
Analysts currently expect 2% to 6% growth from this company over time, though 6% to 7% is what buybacks alone could generate. I’ve invested over $19,000 into this Buffett blue-chip bargain over the past year due to its attractive combination of world-class quality, safety, and total return potential. Today it offers 3x the market’s yield and 4.2x the risk-adjusted return potential, for any long-term investor comfortable with its risk profile.