Update - February 22, 2022

This Stock Is Ideal for a Volatile Market

Markets are in a tough spot.

But that doesn’t mean you need to roll over and take a beating.

To prosper in a market filled with fear and volatility, we must stick with the basics. We must own good companies with strong balance sheets, growing sales and strong management.

Fortunately, we have a company just like that in our portfolio.

Before I detail it… I’ve got some big news.

While nothing has been signed, I just got the nod on a contract with an investing superstar. He’s been ranked the world’s best tech analyst. He’s got insane connections (he’s been in the space longer than anybody else). And he just finished a fascinating book – one that I like so much, I’m ordering several thousand copies to give to subscribers.

If all goes as planned… he’ll be bringing his thoughts and ideas to Manward Letter subscribers in the weeks ahead.

I am extremely excited. With all that’s going on in the tech industry, this is the perfect time to bring on somebody of his caliber.

Stay tuned.

The Ideal Position

In the meantime, make sure you have an ample stake in Gartner (IT). It’s the ideal position for times like these.

The company’s business isn’t anything fancy. It’s not all that new or high-tech, and it hasn’t gone through a major revolution.

That’s okay. Again, in times like these, it’s ideal.

It’s a simple math play – an old-fashioned value play.

Right now… the value is good.

If you read the issue when I first recommended shares of Gartner (June 2021), you know I am a big fan of the company’s buyback plan. With few other places to put its $712 million worth of cash, it’s dipping into the market, grabbing its own shares and rewarding its owners with a steady tailwind for share price appreciation.

Gartner’s most recent earnings report tells us the trend is not only continuing… but accelerating.

Sales and profits beat estimates by a healthy margin, and the company forecast further growth for the rest of the year.

Gartner used the momentum to buy some $217 million worth of its own shares. That’s 600,000 shares off the market.

Better yet, it added another half a billion dollars to its buyback plan.

Shares of the company have gone up by 56% over the past year. Much of the gains were driven by the company’s efforts to reduce its share count and reward shareholders in the most efficient way possible.

That trend will continue this year.

It means no matter what happens in Russia, no matter where inflation heads and no matter what variables are tossed at us next, shares of the company have a steady buyer ready to gobble them up.

If the company is buying… shouldn’t you be?

Outshine the market once again this year. Own shares of Gartner.