Last week was marked by more volatility which doesn’t seem to surprise anyone. Luckily this time the direction was up as the stock market had its best week since 1974, mainly fueled by the half a percentage point interest cut by the Federal Reserve as well the smaller than expected contraction in the GDP. During those large swings up and down it is easy for investors to lose focus on the big picture and not sticking to their financial plan by converting all of their holdings to cash. Luckily there were several dividend companies that reminded their patient long-term holders that increasing dividend payments could help them out in increasing their total returns over time. Vornado Realty (VNO) announced that its Board has approved a 5.60% increase in its quarterly dividend from $0.90 to $0.95 per common share. Vornado Realty is a <a[More...]

WPZ is undervalued, looking only at valuation relative to its industry.

* WPZ has a Projected P/E of only 8.64
* WPZ's Industry (Specialty Chemicals) has an average Projected P/E of 11.26
* Implies a Projected Stock Price of more than $35

* WPZ has a projected earnings growth rate of 10.17%
* WPZ has a PEG of 0.85
* WPZ's Industry (Specialty Chemicals) has an average Projected PEG of 1.14
* Implies a Projected Stock Price of more than $36

Source of the analysis and calculations:

http://www.freestockvalueranker.com/?method=peg_pe&symbol...

Why is this stock so undervalued relative to its peers?

Analysis date: September 27, 2008

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