Are These 5 Popular Dividend Stocks Truly Cheap?

Summary
Looking for valuable dividend stocks priced at a value?
Morningstar is saying this Consumer Staple dividend champion, high growth utility, healthcare company, biotech, and Big Oil are extremely cheap, but are they really?
If I had to choose which to buy today, I'd go for the ones with higher growth, namely: ITC Holdings and Amgen.
One year ago, it would have been rare to find stocks rated 5 stars by Morningstar for extreme undervaluation. After the market decline, there are 5 popular dividend companies rated 5 stars right now. Let's see if they're really at good values today.
5-Star Staples Dividend Champion
Since 1837, Procter & Gamble Co (NYSE: PG) has been providing trusted brands for everyday use. Today, it has a collection of over 20 brands that generate over $1B in annual revenue, including Bounty, Charmin, Crest, Dawn, Gillette, Tide, Head & Shoulders, and more. Further, it has 19 brands that generate around $500M in annual revenue.

P&G is experiencing a multi-year transformation to focus on its core brands. It started off with the Duracell sale to Warren Buffett, and then the Coty transaction to merge 43 P&G non-core brands with it. Due partly to these sales, P&G aims to return $70B to shareholders from FY 2016 to 2019 in dividends and share retirement, while maintaining its current credit ratings.
The transformation is a slow process because the company is so big. Its recent market cap is $196.7B. The... Read more