What if I told you I liked a stock that trades at a forward price to earnings multiple of 10, pays a 3% dividend yield, is in a virtually recession-proof industry, and just nuked 10% after crushing earnings? Would you be interested? Well interested or not, that’s what we have on the menu today for my fellow heretics. If you’re a contrarian investor with a value-mindset, this one is probably right up your alley.
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A Falling Knife Worth Catching?
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What if I told you I liked a stock that trades at a forward price to earnings multiple of 10, pays a 3% dividend yield, is in a virtually recession-proof industry, and just nuked 10% after crushing earnings? Would you be interested? Well interested or not, that’s what we have on the menu today for my fellow heretics. If you’re a contrarian investor with a value-mindset, this one is probably right up your alley.