February '24 Pick
An idea that posses both value and growth characteristics, which could see price appreciation after a massive constraint is removed and their "hidden asset" demonstrates it's earning power this year.
The pick for this month comes at the intersection of value and growth.
It’s one thing to find an idea trading below intrinsic value. It’s another when the name is trading at a discount with a runway of growth ahead of it.
This is a special situation set up with a hidden asset that hasn’t shown up on the income statement (Full effects will be shown in Q1 2024), in a terrible corporate structure (Which is going away), and there is a possibility of a lalapalooza-type outcome if the situation evolves in a certain way.
Of course, this world is anything but certain but I like the odds of a positive outcome.
Here is the table I will be showing every month of all the picks so far with their returns compared to the SPY at inception which will be tracked over time.
We are not off to a hot start but I have a time frame of years and one should view these picks with the same timeline. Monthly movements are just noise.
Please be advised, Wall St Gunslinger is not an investment adviser and does not give personal investment advice. All content is for educational and entertainment purposes only and should not be interpreted as anything other than such. Investing entails a lot of risks and should be managed appropriately. Please do your own research and consult with an investment professional before making any investing decisions. Thank you.
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