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Here's How You Can Find Stocks With 50%+ Upside Before the Market Does

Published 18/06/2024, 11:12
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Imagine this: Despite the overall market frothiness, you discover a stock trading at a deep discount, with the potential to surge over 50%. Then, you ride the stock upward until it reaches that level... and a little more.

Now, that same model that gave you the first tip tells you to sell the stock because it reached its full potential. You do it just before it sinks, giving back a good share of the gains.

Well advised, you walk away with a solid 50%+ gain while others keep on holding the bag.

Sounds too good to be true, right?

Well, that's exactly what our premium InvestingPro users achieve by leveraging a their investment game with our powerful tool called 'Fair Value screener' – which costs less than $9 a month using this link.

How Does the Fair Value Work?

Traditionally, determining a company's "true" worth involves complex financial models that analyze a multitude of financial data.

These models often require a deep understanding of financial principles and intricate calculations. However, tools like InvestingPro fair value can simplify this process.

InvestingPro's exclusive fair value indicator leverages various valuation models to analyze a company's financial data and cash flow, providing a target price for each stock.

This makes it easier for investors to assess the potential value of a stock without needing extensive financial expertise. By aggregating and interpreting complex data, InvestingPro helps investors make more informed decisions.

Don’t take our word for it, just look at the real-world returns the 2 stocks mentioned below posted since Fair Value suggested that they were trading at a significant discount.

  1. Gen Digital Soars 53% After Fair Value Flags It as a Bargain

Cyber security solutions provider, Gen Digital (NASDAQ:GEN) rocketed 53% since May 17, 2023, when InvestingPro's Fair Value tool identified it as a significant bargain. Back then, the stock was trading at just $16, with Fair Value indicating a potential upside of 52%.

Gen Digital Monthly Chart

This impressive gain significantly outperforms the S&P 500, which rose 33.5% during the same period. InvestingPro members, who pay less than $9 a month, were able to capitalize on this opportunity early thanks to the Fair Value tool.

But Gen Digital isn't the only example. Another stock soared after Fair Value flagged it as a potential winner.

  1. Targa Resources Soars 74% After Fair Value Indicates Possible Undervaluation

Targa Resources Inc (NYSE:TRGP) was a hidden gem waiting to be discovered. On May 12th, 2023, Fair Value identified the stock trading just below $70 and predicted a significant upside potential of 59%.

Targa Resources Monthly Chart

Since then, TRGP has defied expectations and surged an impressive 74%. This outperformance handily beats the broader market, with the S&P 500 gaining a more modest 32.5% during the same period.

Bottom Line

Forget sifting through complex financial data. InvestingPro's Fair Value tool empowers you to identify hidden gems like Gen Digital (+58%) and Targa Resources (+74%) before they explode higher.

Like these stocks, there are several hidden gems out there waiting to be scooped up.

This powerful yet affordable tool simplifies stock valuation and equips you to make informed decisions with confidence.

Targa Resources and Gen Digital are just two examples. Fair Value can help you uncover countless hidden gems before the market catches on.

Join InvestingPro today for less than $9 a month and gain access to the powerful Fair Value tool. Don't miss out on the potential for market-beating gains. Subscribe now!

Subscribe Today!

Disclaimer: This article is written for informational purposes only; it does not constitute a solicitation, offer, advice, or recommendation to invest as such it is not intended to incentivize the purchase of assets in any way. I would like to remind you that any type of asset, is evaluated from multiple points of view and is highly risky and therefore, any investment decision and the associated risk remains with the investor.

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