By: Dividend Sensei
This dividend aristocrat has rallied off its June low when its P/E hit levels consistent with the Great Recession and Pandemic crash. It might have bottomed already.
Its margin expansion plans are going well, and combined with a potential 20-year industry secular boom could drive historical 20% growth for the next few decades.
This fast-growing dividend aristocrat is still 32% undervalued and trading at 11X cash-adjusted earnings, a PEG ratio of 0.55, hyper-growth at a wonderful price.
This world-beater blue-chip is a 97% quality 13/13 Ultra SWAN dividend king with 86th percentile risk management, and a potentially very strong buy for long-term income growth investors.
It could potentially deliver 214% returns over the next 5 years, a Buffett-like 24% annual return, and 22% long-term returns, as it’s been doing for 37 years.
It’s one of the best bear market blue-chip bargains on Wall Street for anyone looking to maximize long-term retirement income.