Emerson Electric (NYSE:EMR). Here s why they believe these three stocks are poised to run higher.
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3M looks undervalued
Lee Samaha (3M): The multi-industry industrial has fallen out of favor with the market in recent years, largely due to a history of missing guidance, PFAS liability risk, and poor execution. However, there is a strong case for arguing that the de-rating has gone too far. Whether it s an earnings-based valuation, or one based on free cash flow, 3M now looks like a good value compared to its peers.
Throw in a well-covered dividend (currently yielding 3.6%) and a management team committed to cutting the cost base, making administrative changes, and restructuring the portfolio through corporate activity, and you have a recipe for the stock to have a good 2021.
Author Bio
Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries.
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It makes perfect sense that investors have been fired up about the stocks of companies developing coronavirus vaccines. Several of them have absolutely skyrocketed over the last 12 months.
With two COVID-19 vaccines already on the market in the U.S., is it too late to invest in any of these coronavirus vaccine stocks? I don t think so. My view is that more gains could be on the way in 2021 for some of the stocks. However, if I could buy only one COVID vaccine stock, it would be
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We ve got you covered there. And here s a good place to start with this lineup of stories that will help you jump from 2020 to 2021 by
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Cramer believes the enthusiasm from the wave of novice buyers is equal to or superior to the disdain from the S&P 500-mimicking pros. The pros are scared, says Cramer, while the amateurs are having the time of their lives and think that as long as no one sells, nobody gets hurt.
Walt Disney Co: A Lesson On Overvaluation
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DIS) as a lesson on overvaluation. Over the many years I have been a value investor, I have learned that even the best companies can become dangerously overvalued by the market. Sometimes they can remain that way for extended periods of time. We have seen this many times in history. The “Nifty Fifty” era, the irrational exuberant era, the tech bubble, etc. All of those periods of time they were classifications of stocks that had tremendous momentum, but they all ended badly in the long run. In the short run sentiment rules, but in the long run fundamentals are what matters the most.