Three “Boring” Stocks Making Large Gains

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Midas Letter

The Digital Businesss Channel for Cannabis, Crypto and Technology Stocks.

Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.

Nothing is boring about making money… But for most of 2020, the cool and shiny technology stocks could do no wrong and led the stock market to profitable highs. So, as investors are looking for new opportunities to make large stock market gains away from FAANG stocks and the usual suspects in the Nasdaq, there are three stocks in less sexy industries that we expect to perform well moving forward.

The Nasdaq is down about 7% since its all-time high and continues to decline even with a reopening and recovering economy.

In contrast, the 10-year U.S. Treasury yield is hovering around its 14-month high.

This is making investors increasingly more worried about interest rates and associated inflationary fears.

The way to make gains in the stock market at this present time then is to concentrate on the “low-hanging fruit”. Sectors like industrials (which generally increases with interest rates), financials, energy, and basic materials look a lot less boring than the usual large-cap tech sphere.

Watch the full interview for three stocks we are highlighting, which coincide with this thesis. Stocks that pay a large dividend, have intrinsic value, and have had great stock price appreciation, which we see will continue this year.

Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.