Under the radar?, page-4

I totally agree that this a sector that normally attracts growth investors. RDY a bit short of the growth rates and well short of the TAM they are looking for. Not an obvious sector for value investors, and at a glance not cheap on PE or yield.
BUT, it's trading around 10X free cashflow. It dominates its niche with sticky and growing recurring revenues. Once they are converted to high and growing dividends, it'll be a no-brainer for value investors in a low yield/low interest rate environment.
That's why I bought in recently.