One of Our Favorite Big Data Stocks Just Got a Huge Upgrade

Any real estate purchase is loaded with risk. Natural disasters, property taxes, tenant delinquency, and infrastructure issues are just a few of the problems that can drastically affect a property's value.

big data stocksToday we've got one of our favorite Big Data stocks helping solve this problem.

In fact, this is one we've liked for a while. It's up 85% since Money Morning Defense and Tech Specialist Michael Robinson recommended it in August 2014, compared to just 48% for the S&P 500 in that time.

Michael recently doubled down on this pick. In fact, he expects it to double in share price within the next four years.

Plus, the stock just received an upgrade from the Money Morning Stock VQScore™ system. It now holds our highest score, which suggests the stock is poised to rise.

It's no wonder: This company maintains a database of more than 4.5 billion property and financial records. These cover residential and commercial spaces but also specialized properties for projects like telecommunications wiring and pipelines.

Clients can access this data in order to weigh risks related to credit, taxes, or flooding, or to get information on just about anything else they can think of. And it's all available instantly on the digital cloud.

"Federal Rent Checks": Thanks to an obscure law, over 100 government agencies are required to pay rent. By following a simple investment strategy, you could receive checks of up to $1,795 every month. Read more...

This data is invaluable to the mortgage lenders, financial firms, insurance companies, government agencies, and real estate professionals who depend on good information to make smart real estate decisions.

With real estate booming in places like the Pacific Northwest, Texas, and North Carolina, now is a perfect time to get in on the high-tech action this stock provides.

Wall Street Is Racing into Real Estate with This Company

[mmpazkzone name="in-story" network="9794" site="307044" id="137008" type="4"]

Based in Irvine, Calif., CoreLogic Inc. (NYSE: CLGX) goes back to 1991 when a merger of three companies created a real estate information powerhouse serving 35 states and 40,000 companies.

After a number of mergers and name changes, CoreLogic emerged in its current structure in 2010. It counts among its clients more than 9,000 mortgage lenders, 300 Wall Street firms, 500 insurers, 21 federal agencies, and 925,000 real estate professionals.

Its billions of records include property records covering 99.8% of the U.S. population, and records from more than 99% of all tax jurisdictions in the country. They include about 23 million active tenant and landlord records, representing 70% of the U.S. rental market.

CoreLogic also holds 50 patents around the world, demonstrating the one-of-a-kind tools it offers to clients.

It's only fitting that perhaps the biggest driver for CoreLogic's business is the tech sector. Tech added 200,000 jobs in the United States last year, and now accounts for $1.6 trillion in annual GDP. That has sent rent prices skyrocketing in tech hot spots. According to Nested, it now takes a yearly salary of $86,000 to pay the average rent in San Francisco.

Statistics like that have set off a mad scramble for financial firms to snatch up properties. Financier-owned rental properties in the United States jumped 60% in 2017. It's well worth it for those firms to know what they're getting into, and CoreLogic is a go-to option to provide that information.

Click here to see all of our top-rated stocks, and you'll automatically get free updates on our top stocks, based on our proprietary rating system, the Money Morning Stock VQScoreTM.

In addition to North America, CoreLogic also has a presence in Western Europe and the fast-growing Asia Pacific region. And with this firm, you get the double benefit of growth in real estate and the shift toward high-tech and cloud-based services.

Between its indispensable, top-notch services and its earnings picture, Michael Robinson expects CLGX to double in share price by 2022.

If Wall Street notices how undervalued it is though, that could happen much sooner...

Crunching the Numbers: Buy CLGX Now and Double (or Quadruple) Your Money

CLGX had been on the rise before slipping about 9% after its last earnings report in late July.

This may have been a case of "buy the rumor, sell the news." The company beat earnings-per-share expectations by 25%, which was a 39% increase from the year before.

CoreLogic has also been successful in attracting customers to its higher-tier products, as earnings are growing 36% faster than sales.

Critical: A breakthrough technology could disrupt every major industry, and one tiny company is at the center of it all. Its stock is trading for less than $10 now, but could deliver a 471.9% gain for early investors. Learn more...

According to FactSet, earnings are expected to grow nearly 50% between 2017 and 2020, just about on pace with Michael's growth expectations.

Michael's not the only one expecting the stock to rise, either. FactSet indicates an average analyst rating of Overweight, with one-year targets as high as 36% above its current price.

But CoreLogic's valuation metrics suggest a bigger climb than that.

Its price-to-earnings ratios (forward and trailing) suggest that the stock is trading at 80% to 90% of its fair value compared to other data-processing companies. And its price-to-book ratio of 4.0 suggests a 67% rise is in order.

CLGX's price/earnings-to-growth ratio for the last 12 months - for which 1.0 would represent a fairly valued stock - comes in at just 0.2349. That suggests a staggering 326% rise.

Bottom line, you can't go wrong with CoreLogic. It is a leader in one of the most essential services to every organization involved in real estate. And as more and more of those organizations turn to Big Data to help them make better decisions, there will be more money in CoreLogic's coffers - and in your pocket.

"What we've got here," Michael writes, "is a great long-term Big Data way to play multiple aspects of the nation's real estate sector."

Grab it now and it won't be long before you've doubled your investment.

Once You See This Image... you never have to worry about the markets again. This video contains the TRUTH about how to make money in the stock markets. Whether they're up, down, or sideways - this video will show how you could turn a small stake into $173,000 by the end of 2018. All the critical details start at 00:47. Watch it here.

Follow Money Morning on FacebookTwitter, and LinkedIn.

About the Author

Stephen Mack has been writing about economics and finance since 2011. He contributed material for the best-selling books Aftershock and The Aftershock Investor. He lives in Baltimore, Maryland.

Read full bio