| Amanda Heckman Editorial Director | The not-so-secret news is out... More than 90% of U.S. voters are worried about the devastating effects of inflation, according to one recent survey. It's the No. 1 concern among Americans, according to another survey. Raise your hand if you're surprised. [This NEW Electric Vehicle Stock Could Help Fund Your Retirement. See It Here.] Every day we see yet another price hike somewhere in the economy. Here are some of the ugly numbers from September, courtesy of the Bureau of Labor Statistics. Year over year... - Rent is up 7.2%.
- Electricity is up 15.5%.
- Groceries are up 13%.
- Poultry is up 17.2%.
- Eggs are up 30.5%.
- Butter is up 26.6%
- Men's suits are up 9.5%.
- Utility gas is up 33.1%.
- Health insurance is up 28.2% (the biggest jump on record).
- Airline fares are up 42.9%.
And even our Thanksgiving dinner won't be spared. The USDA reports that the average price of frozen turkeys is up by 73% year over year. Yikes. But don't worry... Social Security benefits will increase by 8.7% next year. That'll cover it. No... this is just painful proof that it's more critical than ever to find strategies that can help you fight off the worst inflation in 40 years. Down but Not Out We are far from the end of this inflation fight. And that means the markets will continue to rock and roll as every new piece of data comes out. The bottom is not in yet, but that doesn't mean we can't look for stocks that have been beaten down with the markets. I'm talking about stocks that are undervalued based on their expectations. Those stocks have the potential to generate the kinds of gains that can help you fight inflation. Manward contributor and hedge fund manager Alpesh Patel told you about one such stock in his latest Stock of the Week video. It's a company that's off to a good start to its fiscal year. Sales are growing... and earnings and pretax profits are both expected to grow by 10%. But its forecast P/E ratio is 18.8. Its three-year average is 19.8, so right now, the stock is undervalued. And last week, Alpesh showed you another stock that is hugely undervalued according to its forecast P/E. It's a steal right now at 16.8, considering its three-year average is a blistering 36.4. Forecast P/E isn't the only metric to check to find undervalued stocks. You can also look at discounted cash flow. This measures the value of a company today based on how much cash it's projected to make in the future. In Alpesh's example from last week, the stock was 50% undervalued based on discounted cash flow. These are just two of the metrics Alpesh uses to target the strongest stocks in the market. When we add his No. 1 indicator to the equation, we get a strategy that could be the single best way to not just survive market downturns... but come out the other side wealthier than ever. Alpesh will have more details on this little-known indicator on Monday. Stay tuned. With the markets going up and down in ways we've seen few times before... we called in a favor to bring something truly special to Manward readers. If you like good ideas... you'll like this. Market commentary, trading ideas and a unique opportunity can be found in this short video... Retail? In a recession? That might be your reaction when you see Alpesh's latest Stock of the Week. But he has some very good reasons for liking this stock. It's off to a strong start to its fiscal year. The company is efficient and good at generating cash. Plus, the stock price has good upward momentum. Get all the details on the stock - including its ticker - in the latest episode of Stock of the Week. Click here or on the image below to watch it. "I certainly wouldn't be surprised if a year, year and half from now, we're 20%-30% higher. I think stocks are undervalued greatly in the long run." - Equity bull Jeremy Siegel Want more content like this? | | | Amanda Heckman | Editorial Director Amanda Heckman is the editorial director of Manward Press. With unrivaled meticulousness, she has spent the past dozen or so years sharpening Andy's already razorlike wit... and has worked with numerous bestselling authors and award-winning financial gurus along the way. | | |
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