Adding to Four Dividend Reinvestment Plan (DRIP) Holdings

Before deploying to Afghanistan, I stopped my automatic purchase plan in all of my DRIPS. I felt that the stock market had run it's course and I wanted to keep new money on the sidelines. Now, the broad market sell off has created a buying opportunity. I'm not saying that the market is done going down. However, I feel that a person can cherry-pick from the listed securities to find some safe bets. Plus, in DRIPS, I frequently make small purchase which in itself is somewhat forgiving if the market goes down further.

I'm adding to my position in the following DRIPS:

3M (MMM)
Johnson & Johnson (JNJ)
Bank of America (BAC)
Budweiser (BUD)

I have a free subscription to Morningstar.com thru my employer. I frequently use Moringstar and Yahoo Finance to find suitable value stocks. Based on Morningstar/Yahoo Finance, I feel that the above stocks are at least 25% below their intrinsic value.

The additional beauty of the above stocks is that I already have DRIPS in them and my subsequent purchases cost $0.

My other DRIP positions are (Lowes, Yahoo and Home Depot have DRIP fees):
Exxon Mobil (XOM)
Lowes (LOW)
Yahoo (YHOO)
Home Depot (HD)
Southern Company (SO)
Aflac (AFL)