Today I purchased 35 shares of Emerson Electric Company (EMR) at a price of $44.63 per share. According to my Stock Analysis, Emerson's fair value is around $53.28. At $44.63 I was able to get the shares for just over 16% of a discount. My YOC for the shares works out to be 3.57% based on the current dividend payout. These shares will provide another $56 per year in payouts and an extra $28 +/- this year. It feels good to finally make a purchase after a long hiatus.