The video presents a fundamental analysis of three undervalued dividend stocks: Clorox (CLX), Visa (V), and Lockheed Martin (LMT). It begins by noting the stock market rally following Federal Reserve Chairman Jerome Powell's hint at lower interest rates, which could drive investors towards dividend stocks as alternatives to government bonds. A discounted cash flow valuation is used to determine the intrinsic value of the stocks. CLX is given an intrinsic value of $213.54 compared to a current market price of $120.97. Visa is assigned an intrinsic value of $400.92 against a current price of $349.49. For Lockheed Martin the presenter expects a free cash flow of $6.5 billion in 2025 rising to $11 billion by 2035, the intrinsic value is $754.70, above the current market price of $446.54.