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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (65582)12/4/2020 3:51:11 PM
From: FIFO_kid22 Recommendations

Recommended By
E_K_S
petal

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Finding value in this market is a difficult task unless you still look at smaller cap oil and gas.

Maybe KBAL it yields approximately 3% but it is in a cyclical business. The sector for the most part has done great with covid with some really big winners (see FLXS and NTZ but take note those stocks were priced well below tangible book value at the lows) which is how I typically play the value game. ( stink book value and constantly looking for positive fundamental catalysts and insider buys) and prepared to perform wider purchase scales.

The business has done very well fundamentally and the stock just sits there. I also saw that Michael Burry bought a fairly large stake in it during the last quarter in his latest filing.

Question is how long will the trend of furniture purchases last.
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