By: Dividend Sensei
The bear market in tech has been ferocious and terrifying for newer investors.
Almost 50% of the Nasdaq is down 50% or more.
But smart market veterans know that this is precisely when it’s time to be “greedy when others are fearful.”
This legendary tech company is one of the world’s greatest hyper-growth blue chips, and its growth estimates have increased in recent weeks.
Today it’s trading at just 12.0X cash-adjusted earnings, making it potentially 41% undervalued (25% conservatively undervalued).
Analysts expect 43% total returns in the next year, and that’s largely justified by its exceptional fundamentals.
This company is expected to invest almost $900 billion in growth over the next five years, and still generate $800 billion in free cash flow, spend $430 billion on buybacks, and end up with $500 billion in cash by 2027.
One of the best future dividend growth stocks of all time is now a bear market bargain you don’t want to miss, and it could deliver 150% total returns in the next five years, 4X better than the S&P 500.