Altria is the Most Overvalued Dow Stock
Read the full article at: http://risingdividendinvesting.blogspot.com/2006/12/altria-is-most-overvalued-dow-stock.html
Submitted by GCD on Wed, 2006-12-27 08:28.
(via risingdividendinvesting.blogspot.com)
Last time we looked at undervalued Dow stocks. This time we take aim at the most overvalued.
DDM for MO
I am not sure how you are calculating fair value; however, even using a DDM approach shows MO is overvalued by about 10%. The wild card is what will happen with KFT. Will this unlock additional value? I think it will if/when this event it occurs.