- In the 2022 bear market, aristocrats are outperforming the S&P 500 by 2X and the Nasdaq by 3X, falling just 7% YTD.
- But just as with the stock market in general, some aristocrats are still outrageously expensive while others are anti-bubble, Buffett-style "fat pitch" bargains.
- PII and FMS are the two most undervalued dividend champions on Wall Street, about 40% historically undervalued and trading at 8X cash-adjusted earnings, literally recession-level valuations.
- They are priced for around -1% long-term growth, but analysts expect 15% long-term growth, including double-digit growth for the next five years.
- Over the next three to five years, analysts believe PII and FMS could potentially deliver 20% to 35% annual returns, basically tripling in the next five years, and outperform the S&P 500 by 4X to 6X.
For further details see:
2 Dividend Aristocrat Bargains That Could Potentially Triple In 5 Years