Valeant (NYSE:VRX) is a misunderstood business in the market today with the equity trading at ~3x free cash flow. Valeant was once the darling of Wall Street, but following multiple scandals, the stock has declined significantly. Negative sentiment, uncertainty, and high leverage have all contributed to the depressed trading price today. Following a detailed analysis of the new business model, management incentives, and debt repayment schedule (LBO), the stock appears to be significantly undervalued. The business model is sustainable, management is strongly incentivized to partake in value accretive activities for shareholders, and the high leverage magnifies the potential returns for investors who can wait out the uncertainty. When the uncertainty surrounding the sustainability of the business wanes, revaluation by the market will be imminent.
Business Model Incentives of Management Valuation Balance Sheet Snapshot Business Risk Science/Business Division Conclusion
Top Undervalued Stocks To Watch For 2018: CBRE Clarion Global Real Estate Income Fund(IGR)
- [By ]
CBRE Clarion Global Real Estate Income Fund (NYSE: IGR)
A long time StreetAuthority staple, mainly in the Daily Paycheck portfolio, IGR is considered a core real estate fund. As the “global” in its name implies, the fund takes a broad approach, with just 41% of the fund’s holdings allocated to U.S. REITs. Property-type diversification is also broad with just a 24% allocation to the worrisome retail sector. Shares trade at a nearly 12% discount to their net asset value (NAV) at around $7.80 with a yield approaching 7.7%.
Top Undervalued Stocks To Watch For 2018: Manitex International Inc.(MNTX)
- [By Lisa Levin]
In trading on Thursday, industrial shares fell by 0.08 percent. Meanwhile, top losers in the sector included Accenture Plc (NYSE: ACN), down 4 percent, and Manitex International Inc (NASDAQ: MNTX), down 4 percent.
Top Undervalued Stocks To Watch For 2018: Vical Incorporated(VICL)
- [By Lisa Levin]
Vical Incorporated (NASDAQ: VICL) shares dropped 22 percent to $3.01 after the company disclosed that its Phase 2 trial did not meet primary endpoint.
Top Undervalued Stocks To Watch For 2018: SolarWindow Technologies, Inc. (WNDW)
- [By SEEKINGALPHA.COM]
SolarWindow Technologies, Inc. (OTCQB:WNDW) is another third-party currently engaged in research and development to incorporate one of GLW’s glass products in an innovative manner. WNDW, a leading developer of transparent electricity-generating coatings for glass windows and flexible veneers, announced its plan to develop electricity-generating flexible glass. In particular, WNDW’s scientists and engineers recently applied layers of its liquid coatings onto GLW’s Willow Glass and laminated them under conditions that simulate the high pressure and temperatures of the manufacturing processes used by commercial glass and window producers. The result was a bendable glass “veneer” which generates electricity. WNDW anticipates installing these sheets of electricity-generating glass veneers over existing office tower windows, turning buildings into vertical power generators and helping decrease their carbon footprint. The company also believes that such veneers could be applied to flat and curved surfaces on automobiles, trucks, buses, airplanes, and boats to generate onboard electrical power. WNDW’s veneer products are being developed in collaboration with the U.S. Department of Energy’s National Renewable Energy Laboratory in an effort to commercialize WNDW’s products. While we saw no specific timeline for when WNDW would offer its products incorporating Willow Glass, we are once again excited by this innovative use of a GLW product.
Top Undervalued Stocks To Watch For 2018: California Grapes International, Inc. (CAGR)
- [By SEEKINGALPHA.COM]
It is hard to fully wrap your hands around the potential market opportunity that Accenture will have in the years ahead but I believe that the opportunities are almost endless (dramatic, I know). For example, consider these forecasts that Forbes detailed in its “2017 Roundup Of Internet Of Things Forecast” report:
According to Bain, “B2B IoT segments will generate more than $300B annually by 2020, including about $85B in the industrial sector”. According to PwC, “$6T will be spent on IoT solutions between 2015 and 2020”. According to Accenture, “Industrial Internet Of Things could add $14.2T to the economy by 2020”. According to Statista, “The global Internet of Things (IoT) market is projected to grow from $2.99T in 2014 to $8.9T in 2020, attaining a 19.92% Compound Annual Growth Rate (OTCPK:CAGR). Industrial manufacturing is predicted to increase from $472B in 2014 to $890B in global IoT spending. Healthcare and life sciences are projected to increase from $520B in 2014 to $1.335T in 2020, attaining a 17% CAGR”.
The forecasts compiled by Forbes are all over the place but one thing is consistent, that is, the growth potential for IoT (and the sub-industries) is real. Connected things are expected to experience significant growth and I believe that it is hard to deny that digital will play a key role in the future growth of the global economy.