Today, I am going to share the name of the one of the cheapest stocks in the market. This isn’t a stock teaser. You can find the name of this stock below. It’s your gift from Insider Monkey and it is totally free. This is Dr. Inan Dogan. I am Insider Monkey’s co-founder and research director. I recommend a portfolio of stock picks in Insider Monkey’s monthly newsletter since March 2017. This portfolio of stock picks returned more than 212% since then, vs. 89.8% gain for the S&P 500 ETF (SPY) during the same period. My stock picks beat the market by more than 122 percentage points in a little over 4 years. Last year I predicted the arrival of coronavirus pandemic and sent our subscribers an email alert at the end of February 2020. During the depths of the coronavirus pandemic I sent another email alert and shared one of the stocks that I recommended to our monthly newsletter subscribers: Tenet Healthcare (THC). Tenet Healthcare shares traded at $13 on that day. THC shares trade at $65 today. In October 2020, I sent another email alert and shared another of my FREE stock picks with our email subscribers: Empire State Realty Trust (ESRT). This stock was trading at $6.30 at the time. Today, ESRT shares trade at $11.95. I was able to outperform the S&P 500 Index ETFs by 122 percentage points since March 2017 by identifying promising investment ideas like THC and ESRT. I am not always right, but I am right on average. Earlier today I published the new issue of Insider Monkey’s monthly newsletter and recommended another PROMISING investment idea. If I am right about this stock, it should DOUBLE some time in 2021. This is a very interesting story. The stock I am recommending today is a biotech stock that had around $40 million in cash at the beginning of this year, and sold around 50% of the royalty stream of a drug that it owns for $67.5 million a few weeks ago. Yet, the stock’s market cap is only $105 million. This means this stock is trading for less than the cash it has on its books. That’s not it though. Back in November this stock was trading for less than $50 million in market value and a smart hedge fund manager bought 40% of the outstanding shares in a period of few days. He paid an average of $16 per share for his large stake and offered to buy the rest of the company for $50 per share. Today, this stock is trading at only $23 per share. This hedge fund manager also launched an activist campaign to obtain 2 board seats and force the board to sell the company to the highest bidder. I believe that since he already owns 40% of the shares and needs only a little more support from the other shareholders to obtain the majority support for his proposal, he will be ultimately successful and buy the company for $50 per share. If you buy the stock today at $23, your potential upside is 100%. Nothing is guaranteed in the investing business. I own some shares in this stock and support the sale of this company, however, other shareholders may decide otherwise or the management may decide to fight this takeover in court and may delay the acquisition. That’s why I believe our downside risk is 50%. Since this stock offers an asymmetric risk-reward combination, I recommended a long position in this stock to our monthly newsletter subscribers today. Right now we have a [promotion going on](. You can subscribe to our monthly and quarterly newsletters for only $449/year, a discount of $100. You can also subscribe to our monthly newsletter for $359, a discount of $90 if you follow [this link](. This is a limited time offer that is available to the first 100 subscribers. [Sign up NOW]( and receive our best stock ideas before everyone else. Our monthly newsletter’s stock picks returned 212% in 4 years, survived the coronavirus crash and outperformed the S&P 500 Index by 122+ percentage points. By the way, the stock I was talking about is Aptevo Therapeutics (APVO). This stock idea is Insider Monkey’s free gift to you. We have 22 other stock recommendations in our monthly newsletter’s portfolio right now. These stocks also returned 21.1% during the first 4 months of 2021 and handily outperformed the S&P 500 Index. [Subscribe Now](. Best Wishes Inan Dogan, PhD Research Director Insider Monkey Manage your InsiderMonkey account You received this email because you signed for an account on Insider Monkey. This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment. We periodically share free investment reports in our subscribers area. To make sure you received the most recent reports please check My Subscriptions Page in your account here:
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