Other dividend sectors, like utilities and consumer staples, are trading at 17X and 18X earnings. I don't think the market can endlessly power forward to new highs unless earnings grow. JCP is toast - amazed that isn't grasped - and DELL is a Rust Belt company.
WU trades for under 10X. Will WU benefit from movement of yield investors to stocks? Or are we headed right back to low share prices if the market unwinds? Will WU buck a downtrend, or be swept up in it? Will WU again be undone by a stupid rumor that GOOG will crush it like a grape at will?