Real Estate
Recurring income stream - investors associate HHC to residential real estate since it has relied upon selling land to home builders to grow its master planned communities (MPCs). However, Hamed Khorsand believes the MPCs are now at a stage where not much, if at all, any new homes are required to support recurring cash flow. Investors should take advantage of the recent dislocation in the stock price from the fundamentals in the business. TP $150 (100%+ upside).
Edition: 139
- 08 July, 2022
Boyar Research significantly outperforms the S&P 500…again
In April of last year Boyar Research released a special report detailing 19 companies they believed would do well amidst the market sell-off. One year later, the ideas profiled have advanced 77.7% on average, outperforming the S&P 500 by ~27%. This is especially noteworthy (as well as a testament to their stock picking ability) due to the lack of high-flying technology names featured. Companies highlighted include Dollar Tree, Hanesbrands, Laboratory Corp., Mohawk Industries, Howard Hughes Corp. and Watsco.
Edition: 109
- 30 April, 2021