11 Great Dividend Aristocrat Bargain Buys For The Market At Record Highs

Summary

• The bond market anticipated the Fed's 0.5% rate cut, which led to a positive market reaction and record highs for the S&P.
• A strong economy with falling interest rates is the ideal backdrop for blue-chip bargain buys if you know where to find them.
• The PEGY Ratio is a wonderful metric that combines valuation, growth, yield, total return and income growth into a single super GARP metric perfect for times like these.
• These 11 dividend aristocrats are Super GARP blue chips, yielding almost 4%. They're 20% more undervalued than the S&P and have almost 20% upside potential in the next year.
• In the next three years they offer upside return potential, and from a group of low volatility aristocrats whose dividends are expected to grow in coming years.
• Looking for more investing ideas like this one? Get them exclusively at The Dividend Kings. Learn More »

tiero

Just as the bond market expected, the Fed delivered a 0.5% cut. It was not a surprise to anyone tracking the Fed futures market like we do, but over 90% of economists surveyed by Bloomberg ahead of the meeting

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BTI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.