In 2021, stocks became extremely expensive.
Barron's reported that stocks were "literally more expensive than ever."
But in 2022, those same tech stocks trading at outrageous valuations have come back down to earth.
So where will the big gains come next?
My collegue Karim Rahemtulla, Head Fundamental Tactician of Monument Traders Alliance, just presented the answer live onstage.
It's a $2 stock he calls "The Last Great Value Stock."
This company produced net income of $3.5 billion last year. That's more than Square, Tesla or Disney.
Yet it trades at a fraction of their prices.
Disney is 35X more expensive. And Tesla is 84X more expensive.
As Karim says, this $2 stock could trade at $50 tomorrow and STILL BE CHEAPER than Disney.
I don't think there is a single stock trading at a better valuation.
The question is...
Why?
Well... the reason makes perfect sense when Karim lays it out.
As he explains right here, this company's unusual business model has created a rare situation where it is both cheap and highly profitable.
I don't want to spoil the fun.
So check out Karim's free presentation on "The Last Great Value Stock" right here.
Sincerely,
Ryan Fitzwater
Associate Publisher, Monument Traders Alliance
P.S. The company has a major announcement coming out in the weeks ahead that could make headlines.
It may not be $2 for long.
Karim reveals what's coming here.
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