Agree Realty is a high-quality stock trading at a significant discount to its prior price despite very good earnings; around $65 a share it is 13 times cash flow, pays about a 5% monthly dividend, holds $2 billion of liquidity and occupancy above 99%.
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“AI is in a Mania… But Value is Finally Waking Up”
The Acquirers PodcastPublished Oct 22 · 2 passages
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Well, as you know, there are some stocks that are trading at significant discounts compared to their previous prices, such as shares of Agree Realty (symbol: ADC), which has announced very good earnings.
But this stock is currently priced at around $65 per share , which is 13 times its cash flow, and pays about 5% in monthly dividends. It's a really high-quality stock. They have $2 billion in liquidity and an occupancy rate exceeding 99%.