Unilever is more than just popsicles and Ben & Jerry's -- it's a good buy

It's almost guaranteed that you have some Unilever (UN) products in your kitchen, pantry, or bathroom. This Anglo-Dutch packaged-food and consumer-product behemoth's brands include everything from popsicles and Ben & Jerry's ice cream to Dove and Suave soaps and shampoos to Hellman's mayonnaise.

Unilever is very fond of saying that 160 million times a day, someone, somewhere, buys one of its products. And more and more of these customers live in the fast-growing economies of the Far East. The company has been operating in the region for more than a hundred years, giving Unilever very wide coverage across Asia, with thousands of core distributors supplying its products to millions of retail outlets.
Of course, no matter how promising a company's prospects, the shares have to make sense on a valuation level -- and Unilever's do so in a big way. The stock goes for just 15 times forward earnings, offering a discount of about 25 percent to the broader market. That's a very compelling relative valuation. Furthermore, the stock throws off an annual dividend of $1.16, good for an impressive 3.6 percent yield.
Read Full Story

Markets

DJIA 24,811.76 -75.05 -0.30%
NASDAQ 7,424.43 -1.53 -0.02%
NIKKEI 225 22,437.01 -252.73 -1.11%
HANG SENG 30,760.41 94.77 0.31%
DAX 12,855.09 -121.75 -0.94%
USD (per EUR) 1.17 0.00 0.11%
USD (per CHF) 0.99 0.00 -0.31%
JPY (per USD) 109.20 -0.66 -0.60%
GBP (per USD) 1.34 0.00 0.11%