These 3 companies have been beaten down, bashed, ignored, and thrown to the ground. And that’s exactly what I like about them!
I like PayPal ( $PYPL.) The company controls 45% of online payments processing. Stocks sells at 8x FCF and is widely disregarded by the AI infatuated public. Great opportunity to own a “ commodity” staple selling an extreme discounts.
I like Nike ( $NKE) Nike is still the most valuable sport brand in the world and the crowd is overreacting on a natural zigzagging curve that often characterizes great companies. Granted, previous management miscalculations and brand equity destructive woke ideologies have severely affected the company cash yields. Nonetheless, Nike won’t go away without a fight and may even turn around as a safe place whence the AI narrative winds down and investors seek out a safe place to park their capital. The stock is selling at its 13 years lows, just our type of Uglystonks. The 4% dividend yield isn’t a bad return to earn as management scrambles to regain its customers and partners trust.
Pernod Ricard. ( EPA:RI) Millennials and TikTok infatuated gen Zs drink less than their predecessors. But alcohol consumption is a civilizational fact, and holding onto valuable producers is as sound as an investment as they rarely come along. In fact, alcohol ( whisky and vodka) even served as medium of exchange during major currency crisis. Pernod Ricard owns a global portfolio of over 200 premium spirits, wines, and champagnes and pays a generous 7% dividend yield. What’s not there to like when everyone else is running after Neoclouds pump and dumps schemes?
