Librarian Capital's Monthly Top Buys And Price Moves - August 2021 (Preview)

Portfolio Strategy

Summary

• Altice USA shares are expected to double by 2024, after falling 15%+ since results, due to a 10% FCF Yield and aggressive buybacks.

• Hargreaves Lansdown fell 11% after investors over-reacted to long-foreseen FY22 guidance; we expect a high-teens annualized return.

• British American Tobacco still offers a high-teens annualized return in our view, with an 8% Dividend Yield and an undemanding 8x P/E.

• Mastercard and Visa offer mid-teens forecasted annualized returns, after stagnating since June, with their post-COVID potential overlooked.

• Intuit gained 9.4% since June and is now up 99% since initiation, joining 3 other stocks that have approx. doubled while Buy-rated since 2019.

Introduction

This is part of a monthly series where we highlight notable share price moves and rating changes in our research coverage. The goal is to identify the most attractive opportunities each month and to provide a track record of our research. Similar content previously formed part of our monthly fund updat…