Happy new week.
Today I’m buying AIICO.
Even though its Fair Value calculations show it’s a little overvalued, I personally like their Gross Profit Margin which is over 50%, it’s a good sign for me.
PE Ratio still under 10x, Return on Equity albeit not at my sweetest spot of 30%, but still at 20% which is alright. Not a very volatile stock with Beta of 0.01, so no significant surprises relative to market movements.
Also the stock price is under N10 which adds it to my penny stock portfolio nicely.
If I can get a 30% upside on AIICO, on or before this time next year I’ll be golden.
Of course, not financial advise.