Longtime readers know Steve Sjuggerud is a true contrarian… Steve has made a career of recommending cheap, hated assets that most investors have no interest in owning… And he has a long track record of winners to show for it (including the best-performing recommendation in Stansberry Research history). But in last month's issue of his True Wealth Systems service,....More>>>
Renault (OTC:RNSDF) is a leading European car manufacturer headquartered in Paris with a market value of $27B. It has a P/E of 6.5, a P/B of 0.77 and a P/S of 0.47 and a dividend yield of 3.9%. Which is cheap in absolute terms but not uncommon for car companies. The partial ownership of Nissan (OTCPK:NSANY) however distorts the picture and in reality Renault is even cheaper. This means Renault is....More>>>
By Richard Saintvilus
If you think Microsoft (MSFT) shares are expensive now, they are about to get even more so. Back in December, I issued a 12-month price target of $72. But following the company’s breathtaking fiscal second-quarter earnings results, I am now confident it is too cheap. As such, I’m raising my price target to $80 per share.
Why the price increase? For....More>>>
Many people don’t realize it, but when you get that final paycheck, it is one of the most important financial events of your life. The idea of no longer working for money and having access to a paycheck can do weird things to some people. In many cases, it can turn them into a penny pinching, wheeling-dealing, cheapskate who will go out of their way to save a buck or get a better....More>>>
Magellan Midstream Partners (NYSE:MMP) is an excellent choice for risk averse investors with a long-term investment horizon. Like any other limited partnership, it also offers a great source of income. In terms of income growth, Magellan has been one of the best in the sector. Despite the stellar growth in its cash distributions even in the low-commodity price environment, most of the fundamentals....More>>>