There’s a fine line in hunting for undervalued companies or plowing into “value traps” that wind up as the next Sears. Guru Jonathan Boyar, president of $200 million-in-assets Boyar Value Group, has ably navigated this by uncovering “fallen angel” stocks, former market darlings that are set for recovery or those that have hidden assets due for a spotlight, often from spin-offs.
With stellar picks like the split of PayPal from eBay in 2014, Boyar’s annual “Forgotten Forty” list of undervalued picks has posted a compound annual return of 14.8% over the past ten years, beating the S&P 500 Index by 3.4% per year. Boyar offers Forbes three conviction ideas for 2019*
*This article does not constitute a complete description of our investment services and is for information purposes only. It is in no way a solicitation to buy or an offer to sell any securities or investment advisory services. Any statements regarding market or other financial information is obtained from sources which we believe to be reliable. All investments involve risk, including the loss of your principal investment. Past performance is no guarantee of future results and there is no assurance that any targets or forward-looking statements will be attained. This article represents the views of Boyar Asset Management as of the date of publication and may change without notice. Boyar Asset Management as well as its affiliated companies, clients and employees may own positions in all of the companies mentioned in the article. Past performance is no guarantee of future results, the results that appeared in the article are not audited.