This week we have a special holiday treat…
A short compilation of our most talked-about Wall Street Unplugged podcasts this year.
Michael Alkin is one of the smartest guys I know. In fact, he’s one of the smartest analysts on the planet.
It’s not that Mike has a magical sixth sense about what the markets will do (although I wouldn’t doubt it… he’s that good). It’s that after 20 years in the hedge fund industry, he has a deep knowledge of forensic accounting and a practiced, proven approach to investment analysis. And he’s incredibly diligent.
“Opportunities are hiding in plain sight. You just need know where to look, to do it, and how to interpret what you see.” – Mike Alkin
If you regularly listen to my Wall Street Unplugged podcast, you’re familiar with frequent guest Michael Alkin.
Aside from the junior mining and biotechnology space, there’s one more batch of stocks I follow intently.
The disruptive technology sector.
Tech is the single largest segment of the market today – An industry that’s growth potential trumps all others, including financials, healthcare, and industrials combined.
The company that I’m about to break down falls under one of my favorite investing strategies – buying hated stocks.
And, as the contrarian I am, this is an incredible investment opportunity right now… that know one else seems to mention.
I’m talking about Target (NYSE: TGT).
Today, Target is considered one of the most hated stocks on Wall Street. As e-commerce companies like Amazon continue to dominate the market, traditional brick and mortar retailers like Target are feeling the pressure…
However, the company is a perfect example of a stock that is currently undervalued and overlooked.
And as the stock price is sitting near 5-year lows, I expect a favorable rebound for investors.
But before we get into any fundamentals, let’s take a look at where this stock is today… and why almost everyone on the street is unimpressed.