Vector Group's real estate arm also performed well in 2020 (despite challenges in New York) due to strengths in complementary markets such as the Hamptons, Palm Beach, and Miami, which are popular destinations for wealthy people looking for a break from New York City. (compared to a 44.8% share for Altria's Phillip Morris USA and a 32% share for Reynolds American ), but it boasts a solid moat.Īccording to management, Vector Group's core Liggett brand boasts a cost advantage of $0.79 per pack compared to its larger rivals - these low production costs can help the company pad profits or keep prices lower than rivals' to gain market share. The company has a small market share of just 4.1% in the U.S. And Vector Group is particularly well-suited to challenging economic environments because of its focus on lower-priced discount cigarette brands like Pyramid, Grand Prix, and Liggett. Tobacco isn't a growth industry, but it is resilient. And its real estate arm performed surprisingly well during the coronavirus crisis because of its exposure to a wide range of geographic markets in the U.S. The company's tobacco business is a reliable cash cow. ![]() Vector Group is a top pick for investors who prioritize diversification and income. With so many compelling tailwinds, MGM's current valuation of just 13 times trailing-12-month EPS looks downright cheap. If BetMGM maintains its current market share of 17%, that could represent an additional $4 billion in revenue for MGM and its partner Entain holdings over the next four years. Management has high hopes for the opportunity and expects the overall market to be valued at $25.3 billion a year by 2025. On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article.Sports betting is arguably the most exciting reason to invest in MGM. However, if Robinhood factions seize upon something they like and can convince their peers is attractive in the stock, it could skyrocket. The company itself provides in-flight broadband services and is pretty ho-hum from an investment perspective. If you dont follow the rules when things are going well, you wont be able to deal with unpredictable markets. Yet, in spite of this above-average performance, select Wall Street analysts and investment banks still see incredible value from a quartet of growth stocks. For investors who are so inclined, perhaps put a small amount of stimulus money toward it. In addition, it surpassed the consensus EPS estimates in each of the trailing four quarters. I’m simply mentioning it because it may be something to keep an eye on for fun. The company's EPS is expected to increase 31,900.0 year-over-year to 3.20 in fiscal 2022. They may band together and attempt to put a short squeeze on it.įull disclosure: I am not particularly a fan of GOGO stock. I believe GOGO stock could be seized upon by r/WallStreetBets types as a gamification of stocks target. ![]() If you’re familiar with the Gamestop (NYSE: GME) story, then you know where I’m going with this. In fact, it recently had 43.49% short interest. I say that because I’ve listed GOGO simply because it has a high percentage of its float which is sold short. Although this is indeed a list of stocks to buy, I’ll forewarn readers here: this is more of a pick as a stick I believe might skyrocket for dubious reasons rather than fundamental strength. Two current examples, MGM Resorts ( MGM -2.50) and Vector Group ( VGR -1.13), would make great choices as they have the hallmarks of a dirt cheap stock with the potential to skyrocket. I believe Apple’s moves toward bolstering its vertical integration by beginning to make its own chips shows it is much more than it sometimes receives credit for.
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