3 Companies People Hate That You Should Buy
Here are three companies that people hate, that you should buy.
Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.
2022-05-01 11:30

Investing in Companies That People Hate
It’s a weird concept isn’t it? Often in investing we let our own personal biases come into play, especially when it comes to buying the stock of a company you don’t like. Here’s a novel concept: you can not like what the company does and still think it’s a good investment. There isn’t enough duality in investing. Most people have a very black and white view on this and can even let their biases cloud their judgment. A bad company doesn’t always make a bad investment. Here are three companies that people hate, that you should buy.
3 Companies People Hate That You Should Buy
Meta Platforms (NASDAQ:FB)
This was probably the easiest company to guess. Ever since The Social Dilemma came out, Facebook has been compared to the evil empire. People cannot wait for Meta Platforms to fail, and we saw this with how weak the stock performed over the last year. Shares are down 40% in 2022 and 38% over the past 52-weeks. When Meta’s earnings disappointed last quarter, the stock cratered and people were thrilled.

Fast forward to the earnings from the first quarter of 2022 where Meta flexed its muscle. Sure the earnings were mixed, but in this climate, it was a major win for the House of Zuck. This is a classic case of hating the platform, but forgetting just how profitable it is. Meta makes gobs of money, and managed to increase its DAUs during the quarter. Even after Meta’s 18% gain the stock is trading with a PE Ratio of 14.6 and a price to sales of 4.4. You can not like using Facebook and still reap the rewards of how profitable a company this is.

Altria ($42.22|-2.25%)
While cigarettes certainly aren’t as popular today as they were several decades ago, Altria still exists as a company that sells tobacco products around the world. The company saw a slight sequential decline in revenue but still beat Wall Street estimates in the first quarter. This is a clear sign that the company still has brand power with its Marlboro line of products, even though its new motto is “moving beyond smoking”.

So what is the allure of Altria? It’s a profitable company with great cash flow, and it pays one heck of a quarterly dividend. The dividend yield now sits at a generous 6.55% which equates to about $3.60 per share annually. That’s a solid return for a stock that trades at about $55.00 per share. Again, you can hate smoking cigarettes, and still collect a nice dividend from Altria shares.

Boeing (NYSE:BA)
You might not hate Boeing as much because most of us associate it with travelling. The 737-Max fiasco that Boeing has been dealing with for several years has certainly left a bad taste in the mouths of investors. Shares of Boeing are way down over the past few years, and it isn’t just because global travel was closed.

Boeing lost a lot of credibility when its 737-Max was banned from the skies. After all, this is the same company that makes a majority of US military aircrafts and AIr Force One, the President’s personal plane. How can we trust flying on Boeing’s planes? The company has some tailwinds though as the 737-Max has finally been cleared to fly again. Boeing also has a backlog of 4200 planes to build worth over $291 billion. With global travel expected to reopen this year, Boeing’s stock might be worth looking at, even if you don’t trust to fly with them.

Disclaimer: I have no positions in any of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. All information should be independently verified and should not be relied upon for purposes of transacting securities or other investments. See terms for more info.

Rate this article

Published On
2022-05-01 11:30

About the Author
Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.

You've read 1 article in the last year
..thank you for supporting us and for visiting our site. Unlike many other sites, The Dog of Wall Street is available for everyone to read. Our focus is to provide great content for free. Do you like what we are doing? Buy us a cup coffee. It is the fuel that keeps us going..

Two Companies With Dividend Increases Despite The Current Recession
This article will highlight two dividend stocks that announced dividend increases this year. It would be best if you considered them in your portfolio.
By Precious Njoku | 1 week ago

A Shocking Discovery About Coinbase and How Coinbase is Faring This Year
Coinbase's fortunes' are tied to cryptocurrency prices, which have been falling. Investors are shy of buying Coinbase (NASDAQ: COIN). The challenges the company faces this year are many but it is preparing for a rebound.
By Precious Njoku | 1 week ago

Will Redbox Squeeze Again?
Redbox went public via a SPAC merger back in October of 2021.
By Mike Sakuraba | 1 week ago

Jabil stock down 10% on Q3 results
Jabil reported its fiscal Q3 results on Thursday. Shares closed roughly 10% down.
By Khan | 1 week ago

AMD Is Still Resilient Despite Global Supply Chain Disruptions Persist
Since 2021, the semiconductor industry has been experiencing chip shortages. But the AMD CEO, Lisa Su, stated recently that the company foresaw the present industry problems.
By Precious Njoku | 2 weeks ago

You May Be Affected By Russia's Retaliatory Sanctions If You Hold These Stocks
In retaliation, Russia has sanctioned personalities and businesses from corporate America like Netflix, Delta Airlines, and Blackrock. Russian sanctions will not have any effect on these companies.
By Precious Njoku | 2 weeks ago

3 Under the Radar Metaverse Stocks
Let’s take a look at some under the radar ways to invest in the Metaverse.
By Mike Sakuraba | 2 weeks ago