This article was co-produced with Kody Kester of Kody’s Dividends.
Making Sense of an Overvalued Market
The current market is raving at 18.6X earnings, sailing into dicey territories without batting an eye at the lurking recession. For most, this would spell disaster, but fret not.
Buffett-Style Bargains in the Market
Despite the market madness, there are still hidden gems waiting to be unearthed. Enter three “wonderful companies at fair prices” that stand tall amidst the chaos.
AbbVie: King of Dividends and Resilience
Every kingdom has its battles, and AbbVie Inc. (ABBV) has battled its way to being a Dividend King with a 51-year track record. With a resilient spirit, it has weathered storms, and its sights are set on a bright horizon.
Air Products and Chemicals: Fueling the Invisible World
Air Products and Chemicals, Inc. (APD) operates in the shadows, providing the invisible force that powers vital industries. It’s the unsung hero, quietly driving the world forward.
PepsiCo: The Icon of Indulgence and Endurance
Like the Phoenix rising from the ashes, PepsiCo, Inc. (PEP) continues to soar. Its iconic brands have etched their place in the hearts and hands of consumers, bearing the spirit of resilience.
Conclusion: A Symphony of Market-Beating Potential
When the dust settles, these three stalwarts stand out as beacons of hope in an overvalued ocean. With an average annual return of 13.2%, they could reign supreme and outshine the S&P 500’s 9% return with a 246% total return over ten years.