These 3 Dividend Aristocrats Are Unbelievably Cheap
Industrial giant 3M (NYSE: MMM), heating, ventilation, and air conditioning (HVAC) company Carrier Global (NYSE: CARR), and tool maker Stanley Black & Decker (NYSE: SWK) have two things in common. First, they are Dividend Aristocrats, and second, they are all companies trading on good valuations with plenty of potential to surprise investors on the upside in the coming years. Here's why they all deserve a look for your portfolio.
The case for buying the three Dividend Aristocrats is based on the idea that they are all a good value on a price-to-free cash flow basis. Moreover, their respective management teams are positioning them for good long-term growth thanks to a combination of substantial cost cuts and restructuring.
Image source: Getty Images.
Source Fool.com
