Stock Picker Jonathan Boyar Reveals Profitable 'Forgotten 40' Business Picks

Identifying Profitable Stocks

• 🎯 The primary factor for selecting stocks in the 'Forgotten 40' portfolio is the presence of identifiable catalysts that can drive stock value appreciation within the next 12 months.
• 💡 While not necessarily the cheapest stocks, the focus is on those with clear potential for growth, rather than just low price points.

Stock Pick: Uber

• 🚗 Uber is highlighted as a misunderstood story, currently trading down due to fears surrounding robo-taxis and autonomous vehicles.
• ⚠️ The speaker believes autonomous vehicle technology is not yet ready for widespread use, and when it is, Uber could benefit from reduced labor costs.
• 💰 Uber has a $20 billion share repurchase authorization, and the company is growing rapidly.

Stock Pick: Cooper Companies

• 👁️ Cooper Companies operates in two divisions: contact lens manufacturing (second largest globally) and women's health.
• 🧩 The speaker suggests a strategic split of these divisions to unlock value.
• 📈 Currently trading at approximately 15 times earnings, it could potentially trade at 18 times earnings, with an estimated value well in excess of $82 per share.

Stock Pick: Markel Group

• 🤝 Markel Group, referred to as a 'baby Berkshire,' is trading at a significant discount to its sum of parts.
• 🔍 The company is undergoing a strategic review, presenting opportunities for actions like substantial stock buybacks.

Stock Pick: Atlanta Braves (Liberty Media)

• ⚾ The Atlanta Braves is presented as a unique, trophy asset due to being the only publicly traded MLB team, commanding high private market valuations.
• 📉 A potential catalyst for going private is a tax law change (Section 162) that disallows deductions for the five highest-paid employees for publicly traded companies, which is particularly impactful for a team with high-earning players.
• 💰 Media mogul John Malone, who controls the team, is simplifying his empire, suggesting a potential sale of the team in the next year or two.

Previous Pick Performance

• ✅ The stock pick UNF was previously recommended as a takeover candidate and is now surging due to a takeover offer, trading up from $170 to approximately $200.