Hey Insiders, Earlier this week, UBS looked at stocks with significant upside even if the economy continues to contract and we are stuck in a long-term recession. In today's newsletter, I've spotlighted seven of these companies worth considering for a recession-time portfolio. |
| |
 Stocks to Watch: Toll Brothers (NYSE: TOL) Toll Brothers is a construction company with an earnings downside of 49%. - The company's current 12-month forward PE is 4.4, which adjusted for a recession is 8.7.
- The company's 10-year average relative PE is 1.0, which adjusted for a recession is 0.5.
- The company is currently trading at a 50% discount from its historical PE during a recession.
| |
 Stocks to Watch: Bristol-Myers Squibb (NYSE: BMY) Bristol-Myers is a biotech company with an earnings downside of 7%. - The company's current 12-month forward PE is 9.4, which adjusted for a recession is 10.1.
- The company's 10-year average relative PE is 1.2, which adjusted for a recession is 0.6.
- The company is currently trading at a 55% discount from its historical PE during a recession.
| |
 Stocks to Watch: Foot Locker (NYSE: FL) Foot Locker is a retail company with an earnings downside of 17%. - The company's current 12-month forward PE is 6.5, which adjusted for a recession is 7.9.
- The company's 10-year average relative PE is 0.9, which adjusted for a recession is 0.4.
- The company is currently trading at a 51% discount from its historical PE during a recession.
| |
 Stocks to Watch: Lennar Corporation (NYSE: LEN) Lennar is a construction company with an earnings downside of 38%. - The company's current 12-month forward PE is 5.4, which adjusted for a recession is 8.8.
- The company's 10-year average relative PE is 0.9, which adjusted for a recession is 0.5.
- The company is currently trading at a 45% discount from its historical PE during a recession.
| |
 Stocks to Watch: AutoNation (NYSE: AN) AutoNation is a retail company with an earnings downside of 48%. - The company's current 12-month forward PE is 5.1, which adjusted for a recession is 9.9.
- The company's 10-year average relative PE is 0.9, which adjusted for a recession is 0.5.
- The company is currently trading at a 43% discount from its historical PE during a recession.
| |
 Stocks to Watch: Columbia Sportswear (NASDAQ: COLM) Columbia is a retail company with an earnings downside of 16%. - The company's current 12-month forward PE is 13.1, which adjusted for a recession is 15.6.
- The company's 10-year average relative PE is 1.4, which adjusted for a recession is 0.9.
- The company is currently trading at a 38% discount from its historical PE during a recession.
| |
 Stocks To Watch: Dick's Sporting Goods (NYSE: DKS) Dick's is a retail company with an earnings downside of 39%. - The company's current 12-month forward PE is 8.5, which adjusted for a recession is 13.8.
- The company's 10-year average relative PE is 1.0, which adjusted for a recession is 0.8.
- The company is currently trading at a 24% discount from its historical PE during a recession.
| |
NOTE: Inside.com newsletter, event, and website content reflects the opinions of only the authors who are associated persons of Inside.com and do not reflect the views of Inside.com. This content is for informational purposes only, and is not a recommendation of an investment strategy or to buy or sell any security, digital asset (including cryptocurrency) in any account. The content is also not a research report and is not intended to serve as the basis for any investment decision. The content is not legal advice. Any third-party information provided therein does not reflect the views of Inside.com. All investments involve risk including the loss of principal, and past performance does not guarantee future results.
| |
Upcoming events at Inside:
| |
 |  | Liam Gill is a founder, lawyer and investor.
He previously founded Fumarii Technologies, which became a top 20 ranked cloud computing service (Yahoo Finance! 2019) valued at over $30M. He holds an LLB Laws (UK), MSc Management and Master of Laws and currently practices law at Zargar Lawyers + Business Strategists in Vancouver, Canada.
|   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
