Update - January 10, 2023
Making Money While the Bears Stir Havoc
Oh boy… here we go.
Just a week after we went live with our much-anticipated “Big Prediction” issue, our ominous words are already coming true.
While it hardly comes as a surprise, the folks at Bed Bath & Beyond (BBBY) have issued a warning. It seems like they’re much more focused on the “beyond” these days… as in being “beyond” their ability to pay the bills.
Insiders are warning that bankruptcy is a very real possibility.
While not quite the big name or the market surprise I had in mind when I penned this year’s prediction, there’s little doubt that the pain Bed Bath & Beyond is experiencing is being felt throughout the industry.
Just yesterday we got a bevy of bad news from the retail sector.
I’m quite confident that my prediction of three major bankruptcies in 2023 will come true.
I just pray there are only three.
If you’re paying attention, you know we’re fortifying our portfolio. As nominal yields rise (notably, real rates have remained flat, if not fallen), speculation will be zapped from the market.
In our most recent conversation with renowned analyst Mark Mahaney, we talked about how growth premiums have been slashed significantly. Investors simply aren’t willing to pay for future growth. They’re once again looking at fundamentals and a company’s ability to pay its bills.
The tech sector has taken the brunt of this premium correction. Deep discounts are starting to appear in select stocks – which we’re taking advantage of in our premium research services. (Our latest volume-focused tech play in Alpha Money Flow is already up double digits.)
That’s why it’s so important you follow the advice I outline in this latest issue. Sun Life Financial (SLF) is far from the sexiest company on the market. Its technology won’t cure cancer or even boredom. But its 4.6% yield and steady top-line growth will make it a buoy in a market that is threatening to tread water for many more months (if not years).
One area of Sun Life’s operations that I did not focus on in the issue is the company’s growing Asian business. This is a story to watch over the next 12 months.
If you noticed, one of my “sidebar” predictions for the year is that China’s GDP will grow substantially. It’s an idea that flies in the face of the mainstream rhetoric. But if you’re paying close attention, you know the idea is already proving true. As the region reopens from its nasty COVID restrictions, emerging markets are seeing a boom.
That’s good news for the 16% or so of Sun Life’s business that stems from the region.
Remember, the company is slowly changing its focus, moving from an insurance-centric model to one built around financial planning and associated products. It’s a bit higher risk, but the margins are significantly stronger.
Balancing those two factors will be key for the company. But it’s walking that line at an ideal time… especially as the situation in Asia evolves.
This is a conservative play at a time when the market demands taking such an approach. But the growth opportunity in Asia provides a shot at a quick upside, one that could treat us well as soon as the next quarterly report is released.
That report is due out on February 8… so get your shares now.
The stock price is already rising.
It’s looking to be quite a historic year. Some sound (i.e., no-BS) advice will be quite valuable.
We’ve got you covered.
Editor’s Note: Tomorrow at 2 p.m. ET, our friend Bryan Bottarelli, Head Trade Tactician at Monument Traders Alliance, will be unveiling his “no-BS” profit-generating tool LIVE in his Accelerated Profits Summit.
This tool is something that could help you ACCELERATE your success in the market – and perhaps even your retirement or other financial goals.
This secret tech has the potential to deliver same-day gains of 288%… 400%… and even 553%!
And tomorrow at 2 p.m. ET, Bryan is pulling back the curtain and giving everyone the chance to see how it works – for FREE.
