My 2 Top Conviction Bargains, Up To 7% Yield

Oct. 23, 2024 11:27 AM ET, , , 14 Comments
(11min)

Summary

  • Stock market irrationality creates opportunities for value investors. In this article, I present 2 quality bargain stocks trading well below their 52-week highs.
  • Alexandria Real Estate offers a 4.5% yield, strong tenant demand, and strategic life sciences properties, supported by robust financials and growth potential.
  • Plains All American provides a 7.4% distribution yield, diversified pipeline network, and solid financials with potential for market-beating returns.
  • Both ARE and PAA present compelling investment opportunities with strong fundamentals, attractive valuations, and positive growth outlooks for long-term investors.
  • Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios. Learn More »

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ISerg

What I like about the stock market is that it’s not rational, thereby creating opportunities for value investors. Overpriced stocks can remain that way for an extended period of time, and the same goes for underpriced stocks, giving enterprising investors the opportunity

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This article was written by

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I am Gen Alpha. I have more than 14 years of investment experience, and an MBA in Finance. I focus on stocks that are more defensive in nature, with a medium- to long-term horizon.

I provide high-yield, dividend growth investment ideas in the investing group

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of ARE, PAA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Related Stocks

SymbolLast Price% Chg
ARE--
Alexandria Real Estate Equities, Inc.
PAA--
Plains All American Pipeline, L.P. Common Units
WMB--
The Williams Companies, Inc.
KMI--
Kinder Morgan, Inc.

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