Wall Street Unplugged
Episode: 501March 23, 2017

How to Invest in Hated Stocks

invest hated stocks
Welcome back to another episode of Wall Street Unplugged! On today’s show I bring back the rockstar of CEO’s – Keith Neumeyer. Keith is a resource pinoeer. He’s been in the industry for over three decades and has successfully built three publicly traded mining companies. And today, he catches us up to date on two of them – First Mining Finance (FF.V), and First Majestic Silver (AG).I first invited Keith on the show directly after the launch of his gold venture, First Mining Finance. At the time, the stock was at $.30. Today, the stock price rests close to $1. Keith has a knack for buying assets at the right time. As you’ll hear on the show, the motto is “what you pay for assets is how you create value.” When he launched First Mining Finance, gold prices were sitting at record-level lows. And when commodity prices finally rebounded last year, his company took off – reaching gains well over 300%. Today Keith gives us his outlook for the company going forward, along with the yellow-metal itself.Screen Shot 2017-03-23 at 9.58.04 AMGold prices took a recent tumble due to the unexpected rise in the dollar. And companies like First Mining Finance have had to adjust… Moving on, we turn our focus to First Majestic Silver (AG).First Majestic is located in Mexico, the largest Silver producing country in the world. And looking at the numbers, the company seems to have everything in place.With six producing mines, attractive financials, and more cash on hand today than any other time in the history of the company… Keith explains how he’s well-positioned for the next Silver turnaround (prices reaching over $20/ounce). Although prices are currently low, the physical demand for silver is quickly ramping up… This is largely due to tech and industrial sector initiatives.Screen Shot 2017-03-23 at 10.42.42 AMAs Keith says, “Silver is the strategic metal.” And if you’re bullish on it, there’s no safer play… Then, for today’s Educational Segment [35:59], we take a closer look at one of my favorite market strategies – Buying hated stocks. One-by-one, I break down a list of Wall Street’s most hated companies. These are the stocks that have “sell” ratings across the board. This includes names like Twitter, Valeant, Sears, Macy’s, Gamestop, and Target. What I am about to introduce to you is not an easy strategy… But when you follow these steps, it can work like a charm. This is the stuff that has led me to my greatest gains in my career. And it’s the only contrarian formula you need to know.

Links and Resources

Stocks Mentioned

  • First Mining Finance (FF.V)
  • First Majestic Silver Corp. (AG)
  • First Quantum Minerals Ltd. (FM.TO)
  • Northern Dynasty (NAK)
  • Ashland Global Holding (ASH)
  • International Business Machines (IBM)
  • Delta Air Lines (DAL)
  • Twitter, Inc. (TWTR)
  • Gamestop Corp. (GME)
  • Macy’s, Inc. (M)
  • Sears Holding Corporation (SHLD)
  • Target (TGT)
  • Valeant Pharmaceuticals, Inc. (VRX)
  • Pfizer Inc. (PFE)
  • GlaxoSmithKline plc (GSK)
  • Wal-Mart Stores, Inc. (WMT)
  • Nike, Inc. (NKE)

Curzio Research publishes market commentary for informational and educational purposes. The opinions expressed and market conditions when the content is published may change. It is not personalized investment advice or an offer to buy or sell securities. Investing involves risk, including possible loss of principal. Do your own research and consult a qualified investment professional before making investment decisions.

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