Thus far, with the first 3 parts of this five-part series, we’ve examined 60% (18 of 30) of the 30 stocks in the Dow Jones Industrial Average. What we found so far were that the majority of these constituents are currently overvalued or at least fully valued. Finally, with this Part 4, we will examine 6 additional Dow constituents that appear fairly valued with blended P/E ratios of 14-16. But as the title of this article asks, why are these 6 Dow stocks trading within the historical normal valuation range of the market when the others are being valued much higher? In other words, are they cheaper for good reason?