- With the market 22% historically overvalued, many of the world's best blue-chips are trading at unattractive levels.
- In fact, Bank of America thinks stocks will barely deliver positive returns over the next decade.
- Fortunately, it's always a market of stocks, not a stock market and even Buffett high-yield aristocrats can be found at reasonable to attractive valuations.
- Berkshire owns four high-yield aristocrats, JNJ, ABBV, KO, and PG, that make up 8% of Buffett's portfolio.
- Today JNJ and ABBV are potentially good or even strong buys, KO is a reasonable buy and PG is overvalued and worth watching in a future market downturn.
For further details see:
Buffett Loves These 4 High-Yield Dividend Aristocrats And So Will You