Why I Believe 5%-Yielding Dow Inc. Is 25% Undervalued

Fischerrx6 Introduction In 2024, I am putting a bigger emphasis on value investments. I'm doing that because of the lofty stock market valuation, which increases the likelihood of subdued longer-term total returns, making stock picking more important. I discussed that in my 2024 Outlook, written on December 5, which is where I got the quote below: I like beaten-down cyclical stocks. This includes railroads, machinery companies, and certain consumer stocks with proven track records, which I'm buying on w ...