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The market is baking in risk that the company will fail to execute right now.That said, investors are being paid to wait. The perceived risk that investors see has priced the stock at a discount which we now see as more attractive considering the company just raised its dividend again The stock is attractive to dividend growth investors as the company has consistently raised its dividend, and with an 11% hike to the payout to $0.345 quarterly, the forward yield at $38.30 a share is over 3.6%. We remain in the camp that sees value in the shares at present levels but let us discuss why shares are getting hit so hard.Sales spook The Street The reason that the stock is selling off with such force stems from sales results.
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