I'm a bullish guy, but let's face it: Not much has been bullish these past few weeks.
Rising rate worries have tech languishing along with the rest of the NASDAQ, and the rug's been pulled out from under the Dow and the S&P 500. There's the risk of a hot war erupting between Russia and NATO in Ukraine, and inflation, which jumped 6.8% in the United States in 2021, is running rampant.
Floods, droughts, and wildfires have been putting pressure on grain farmers everywhere, which is helping drive a particularly painful kind of inflation: an increase in food prices here in the United States and around the world.
I'm certain the bulls will run the show again, but in a market like this, you take your winners where you find them.
And I've found a fantastic stock in the agri-foods sector. This $42 billion multinational just reported boosting profit margins by 31% - and if you've been with me for a while, you know I love to see healthy, growing margins. It's also extremely well-positioned to grow its profits as biofuels grow steadily more expensive.
Not only that - this stock is downright cheap next to the market. It's trading at 15.7 times earnings (ttm), nearly five points lower than the sector P/E of 20.1 and less than half the S&P 500's P/E of 36.1.
Here's the ticker - and why this is a screaming buy right now...
These are certainly not "normal" times - but, the truth is, you can have the chance to make amazing profits in 2022, whether the markets trade up, down, or sideways. That’s because three massive events are converging at once into a super-wealth opportunity of historic proportions with the potential to create $5 trillion in new wealth and send three stocks soaring 300% to 500% in the next six months. Get all the details – including the stock tickers for free – in my recent “State of the Markets” address. Click here to watch.
Follow Money Morning on Facebook and Twitter.
About the Author
Shah Gilani boasts a financial pedigree unlike any other. He ran his first hedge fund in 1982 from his seat on the floor of the Chicago Board of Options Exchange. When options on the Standard & Poor's 100 began trading on March 11, 1983, Shah worked in "the pit" as a market maker.
The work he did laid the foundation for what would later become the VIX - to this day one of the most widely used indicators worldwide. After leaving Chicago to run the futures and options division of the British banking giant Lloyd's TSB, Shah moved up to Roosevelt & Cross Inc., an old-line New York boutique firm. There he originated and ran a packaged fixed-income trading desk, and established that company's "listed" and OTC trading desks.
Shah founded a second hedge fund in 1999, which he ran until 2003.
Shah's vast network of contacts includes the biggest players on Wall Street and in international finance. These contacts give him the real story - when others only get what the investment banks want them to see.
Today, as editor of Hyperdrive Portfolio, Shah presents his legion of subscribers with massive profit opportunities that result from paradigm shifts in the way we work, play, and live.
Shah is a frequent guest on CNBC, Forbes, and MarketWatch, and you can catch him every week on Fox Business's Varney & Co.