Cabot Undervalued Stocks Advisor 1221
December 1, 2021
Thank you for subscribing to the Cabot Undervalued Stocks Advisor. We hope you enjoy reading the December 2021 issue.
The emergence of the Covid Omicron variant has temporarily upended the market’s emerging post-Covid view of the economy. We share our thoughts on this, as well as on Fed Chair Powell’s testimony this week about accelerating the bond-buying taper.
We also comment on how artificial selling pressure as the calendar year-end approaches can drive already-weak stocks to steeply undervalued levels. Several of our recommended names fit this description. Once the calendar year ends, these stocks can have sharp rebounds.
Also included are name-specific updates, with our current thoughts on energy prices and other news.
Earlier this month we moved General Motors (GM) to a Sell and include our rationale from the November 24 Special Bulletin. This investment produced a 70% total return since our initial recommendation on December 31, 2019, and a 146% total return since the current analyst assumed coverage and reaffirmed the Buy rating on July 1, 2020.
Please feel free to send me your questions and comments. This newsletter is written for you and the best way to get more out of the letter is to let me know what you are looking for.
I’m best reachable at Bruce@CabotWealth.com. I’ll do my best to respond as quickly as possible.Read This Issue