“It’s never too late to retire early”
The S&P 500 is trading at a price-to-earnings ratio of 40. It’s nearly as high as it was at its peak during the dot-com era. Both recovery stocks and pandemic winners are looking dearly priced, as even stocks that were hit hard by the pandemic are trading above pre-pandemic levels. Additionally, pandemic winners are also trading all-time highs even as they face obvious headwinds as they lap a pandemic-fueled surge last year.
Value stocks, in other words, aren’t easy to find. However, there’s one retail stock that fits the classic definition of a value stock — it’s worth more than it’s trading for. This stock certainly looks reasonably priced at a price-to-earnings ratio of 28. The real reason the stock seems like such a great value is that the sum-of-the-parts valuation looks much more significant than its current market cap of around $375 billion. At a time when most valuations are inflated, this retailer is trading at a deep discount.
This pick is poised to make you an absolute fortune
Paul Mampilly is a Wall Street legend.
(Barron’s crowned his hedge fund as the “world’s best” and Kiplinger ranked it in the top 1%.)
But a few years ago, he left Wall Street.
“I just grew tired of helping the rich get richer,” Paul explains. “So I started sharing my No. 1 investment picks with Main Street Americans.”
And his No. 1 stock picks across his various research services have been phenomenal.
In 2017, he recommended Plug Power. It gained 1142% in 3.5 years.
In June 2018, he recommended Tandem Diabetes. It’s currently up 520% and still climbing.
In December 2019, he recommended Enphase Energy. It gained 638% in 1 year.
And in March of last year, he recommended Carvana. It’s currently up 877% and still climbing.
But Paul believes his No. 1 stock pick for 2021 could go even higher.
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