Keys to Defensive, Successful Investing
Four Stocks to ConsiderAs you can see, with the fairly low yield, the estimated fair value is very sensitive to adjustments in the estimated dividend growth rate and the discount rate. Overall, with a low P/E, a long history of dividend growth, a modest current dividend yield, and a fairly safe business, I believe Aflac represents a decent purchase at these prices levels, especially with many other stocks being valued at much higher earnings multiples.
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