Buy low and sell high sounds easier than it is, but when premium stocks are trading below their true value, it's hard to miss.
Berkshire Hathaway CEO Warren Buffett built his $60 billion-plus fortune by buying high-quality businesses at discounts. The Oracle of Omaha summed up his love for bargains with this quote: "Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down."
Today we'll look at four dividend-paying businesses that are industry leaders with strong competitive advantages. Three of them are in the elite group of 50 stocks known as Dividend Aristocrats, stocks that have 25 or more years of consecutive dividend increases. The other is one of the largest corporations in the world.
The market has unfairly punished all of these businesses. You can take advantage of current discounts by loading up on these high-quality businesses trading at bargain prices.
Let's take a closer look for those four...
Source: The Street