BOSTON (TheStreet) -- The Dow Jones Industrial Average has outpaced the S&P 500 Index and Nasdaq Composite in 2011, perhaps indicating that high-quality stocks are taking the lead in this maturing bull market. The following five dividend-paying Dow stocks, still undervalued on a historical basis and relative to peer investments, are safe bets as the economy strengthens. Below, the stocks are ordered by forward earnings multiple.
-- Written by Jake Lynch in Boston.
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