We're happy to provide the replay of our latest Live Member Open Forum Discussion. There were a number of Calls [...]
The stocks in our microcap Model Portfolios might get caught up in the capitulative mayhem in a macro sense, but we know that their growth outlooks, combined with their cheap valuations, will make for a recovery that we think will blow the pants off of their mega cap counterparts when this new cloud of dust settles. To distill it down just a tad, it’s easier to double a $10 or $20 million revenue base than to double a greater than billion dollar valuation. Furthermore, the potential drop in stock prices of these large companies is steep. They’ve already grown to near their max potential but many still have P/Es in excess of 50x to 100x, or non-applicable P/Es because they’re losing money, which in a literal sense means there is no bottom to the stock’s price until you get to the value of ip, customer base, plants, property and equipment. It won’t take much for the latter to crumble, nor will it take much for the former to excel. Now, we believe the pendulum has swung to where earnings and P/E ratios will matter again. Hopefully, it will be the dominating factor in valuing companies as we transition from this bear market into the next bull trend. That’s how the environment was set up for the first 20 years of my career, where high-quality undervalued microcap companies were in high demand.
Everyday Investor Rewind: NVEE CEO on Importance of Keeping Management Intact Across Multiple Ventures (2/24/2016)
With Nv5 Global, Inc. (NASDAQ:NVEE) trading near all-time highs at 21 times its IPO price of $6 in March 2013, [...]
A key take away from the RCMT conference call is that the demand for outsourced staffing growth trends is ripping higher, particularly in the IT and pharma markets. And quite honestly, this makes perfect sense. The U.S. is sitting at its lowest unemployment rate since late 1960’s, wages are increasing, the percent of the population over 55 is growing, the work from home and GIG trends (propensity to not seek full-time employment) are changing things up, immigration to the U.S. is at a low point and the participation rate of people actually looking for jobs is rapidly falling.
Thanks for stopping by to watch the replay of our Fireside Chat with Mitch Binder, the President and CEO of [...]
On this episode of Avoiding the Crowd with host Maj Soueidan and Producer Bobby Kraft, we welcome returning guest Jan [...]
Maj shares his in-depth research process on Stephan Co (OTC:SPCO) via a recorded session. The Stephan Co operates is engaged [...]
We had another great live meeting yesterday. As usual, we covered topics like GeoInvesting: Model Portfolio Rankings Changes Actions We [...]