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3 Iconic Brands Offering Both 5% Yields and 50% Upside at Current P/Es
BTIBAT(BTI) Investor Place·2024-07-02 01:07

Source: Kristi Blokhin / Shutterstock.com Altria's forward price-to-earnings ratio of 8.97x might seem average. However, reinvigorated growth paired with its forward dividend yield of 8.61% speaks volumes. The stocks of iconic brands are en masse. However, the informational asymmetry linked to the financial markets means that few are undervalued. Methodologically, my screening process emphasized fundamental attributes, valuation multiples, technical analysis, and event-driven aspects. Moreover, I ensured th ...