The best value AND growth stock you can buy

Good morning!

Some profit-taking would be likely this morning after a fabulous few days of gains. But do NOT take your eye off the ball!Here’s my take with the fabulous Nancy Tengler, Kenny Polcari and Maria Bartiromo earlier today. (Watch)

1 – Yield Curve: Not ol’ reliable anymore

Economists talk about yield curve inversions like celebrity chef Emeril Lagasse talks about spices … a lot … because there’s never been a recession without an inversion.

Things could be different this time around, though.

Fed Chair Jerome “JPow” Powell announced that he’s watching the first 18 months of the curve because – you know - the rest of it doesn’t matter??!! (Read)

Before you spend hours pulling your hair out, remember that this is the guy who made “transitory” a household word and who denied inflation was a thing.

The 2/10-year curves have “inverted” seven times since 1977. A short year later the markets were higher an average of 11.8% and fell only once … after the February 2000 inversion according to Dow Jones Market Data.

Stick with tech companies, dividend growers, and low-beta choices anyway … just in case Powell suddenly goes all max-hawkish.

2 – Biggest crypto theft yet!

Hackers stole roughly $625 million in cryptocurrency from the Ronin blockchain which helps run Axie Infinity, a play-to-earn video game network. Crypto proponents can’t understand why more people aren’t running as fast as they can into digital money. Crypto critics can’t understand why people have. Either way, security just isn’t there yet. (Read)

3 – Not Nike and dang proud of it

Bloomberg called Peloton a “brand with a path to nowhere” and I agree. Putting “iPads on a bike” a la Peloton just isn’t a sustainable business model.

But yoga pants (and other super comfortable, functional athleisure clothing) you can wear to the store, around the house and to the gym are.Lululemon beat top and bottom line yesterday. Then, raised estimates higher than analysts thought possible.

Shares jumped in the after hours. (Read)

4 – The best value AND growth stock you can buy

BioNTech reported better than expected revenues and profits for Q4 and reiterated prior vaccine-related revenue guidance.

The company also announced a $1.5 billion buyback and a special dividend. Shares popped nearly 6%. (Read)

As much as I like that, I’d still rather own another company in the same space … killer dividend, low beta and on the cusp of customizable medicine in a significantly broader, bigger portfolio.

I believe it’s the best value AND growth stock you can buy.

Everyone in the One Bar Ahead™ Family who followed along as directed had the opportunity to enjoy a 31.6% run the first time I recommended shares. Now, it’s pulling ahead again and anyone following along is enjoying a 9.9% return versus 6.8% from the S&P 500 since re-entering recently. (If you’d like the chance to achieve similar results, please consider signing up for OBA right here)

5 – The EV maker most have never heard about

VinFast, a Vietnamese EV maker that is part of the Vingroup joint stock company, plans to open its first US production plant in North Carolina.

The company’s USHQ is in Los Angeles and it plans to sell vehicles nationwide via an online store and network of company stores. Mobile service and service centres too. (Read)

No ADRs for now so interested investors will have to buy on the Vietnamese exchange (VIC.HM).

Bottom Line

I hear from a lot of aspiring market mavericks who want to be “sharks” – meaning an adept, clever and expert player in whatever field they tackle. And that’s great!

The problem is that most can’t be bothered to learn to swim first.

Something to think about this morning.

You got this – I promise!

Keith