Recessionary bear markets are the stuff rich retirement dreams are made of. Some of the world’s best companies can become absurdly cheap.
This first bargain is an A-rated blue-chip that’s been cut in half and now trades at its lowest P/E in history.
It is 50% undervalued and priced for -4.2% growth while it’s growing at double digits and could quadruple in 5 years.
A second bargain is one of the best insurance companies you’ve never heard of, and a third is a great way to profit from the eventual recovery of the British Pound.
Both are about 37% undervalued, anti-bubble blue-chips yielding 6% to 8% that could deliver 21% annual returns over the next five years.