MLKN - MillerKnoll: Iconic Brands At A Bargain Price With A 4.4% Yield
2025-06-08 08:26:25 ET
In a market that seems to focus on fast-growing tech stocks that trade at very rich levels, I want to keep on the lookout for potential stock bargains that might be hidden gems. Some of the best investments can be stocks that have traded down because of the business cycle, or for some other resolvable issue. I typically go on the hunt for these types of stocks towards the end of each year since you can find bargains that investors are parting with due to tax-loss selling. The best bargains I typically find are usually in the small to mid-cap sector because these stocks are relatively unknown when compared to large-cap and mega-cap tech stocks. There is one stock that I have followed over the years which now seems to fit the profile I am looking for, which is a bargain valuation, strong dividend yield, high potential for major upside, and best of breed in the sector it operates in. With this in mind, let's take a closer look:
MillerKnoll, Inc. ( MLKN ) is a leading designer and manufacturer of furniture. It owns numerous famous and historically significant brands which include names like: Herman Miller, DWR Collection, Knoll, Geiger, Eames and more. It offers seating, workspaces and systems, tables and chairs, lighting, storage solutions, healthcare furniture, and accessories. I was in the furniture business many years ago, and I know that MillerKnoll is one of the most well-known and respected brands in terms of quality in the industry. Because of this, I view this company as being best-of-breed when it comes to the furniture business....
MillerKnoll: Iconic Brands At A Bargain Price With A 4.4% Yield