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Not every bargain stock is a stock to buy. It's easy to get a little trigger-happy when the whole market comes down, and a lot of people will tell you to buy every dip and sort the details out later.
But we have to be discerning with our capital, because the conditions that gave us this bear market are unique, and they aren't changing anytime soon.
Invest only in companies with strong revenues, wide profit margins, and, most importantly, large dividend yields. Profits may be hard to come by in a recession, but we should never pass up an opportunity to earn passive income.
Today's company, one of my all-time favorites, checks all the boxes - $60 billion in revenue, 30% profit margin, and a 13% dividend yield pulled from $18 billion in profits available to common shareholders. I recommend you buy in today before the stock's value rebounds.
Check out this short video for the ticker...
There's no quick fix coming for the recession, and a lot of everyday people are getting hit where it hurts most - in the wallet. Pensions, 401k's, IRAs, you name it... they've all taken a huge slide since the beginning of the year.
But there are some moves you can make right now that can "bully" down this bear market, if you know where to look. I've got a set of stock picks that are my version of fire insurance - the best cheap trades I can find right now with the best potential for safe returns.
And you can get them all for just $5. Go here for all the details...
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.