$LOW · Value Investing with Sven Carlin, Ph.D. · 2026-11-07
LOW 的 5.5% 股息率加上一定的通胀保护；从当前水平看，其派息、潜在增长和估值意味着 9% 的长期回报，堪称优秀。利率上升会使其更危险，利率下降会推高股价；为这一潜在 9% 长期回报而持有它是合理的。
逐段跳播
低估值股票，我们一个月前讨论过，股息率 5.5%，仓位不错，业务不错。看看 5.5% 的回报加上一些通胀保护如何融入你的投资组合。我们计算了分红、潜在未来增长和估值。从这些水平，你可以猜到这是什么。
长期回报 9%，这是出色的回报。如果利率上升，是的，它会变得更危险。如果利率下降，股价就会上涨。这就是风险与回报，但如果你喜欢持有这样的东西，潜在 9% 的长期回报没有什么问题。
Low stock, we discussed it a month ago, dividend yield 5.5%, good position, good business . See how a 5.5% return plus some inflation protection fits into your portfolio. We have calculated the distributions, potential future growth, and valuation.
From these levels, you can guess what this is. A long-term return of 9%, which is an excellent return. If interest rates rise, yes, it becomes more dangerous. If interest rates fall, the stock price will rise.
That's risk and reward, but if you like owning something like this, there's nothing wrong with a potential long-term 9% return.