TNP update back on June 24th, 2021. TNP was and still is the last Value stock that I could find.
While it sucked the life out of me waiting, all I kept thinking and doing is adding on the way down as it only became more and more and more of a value stock. Couple that with the nice chart setup and it was a no-brainer. Now we are finally seeing the breakout which should continue.
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Screaming higher!
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TNP
Another great call was made back in Oct 2021.
Again it is extremely hard to find stocks that can rise in a bear market. What is even harder is to hold it for most of its potential.
What I do works in practice, not in theory.
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What an Explosive move up in TNP!
This is why I say
"What I do works in practice, not in theory."
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New Highs made
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TNP Year revenues at $860 million and record profits of $204.2 million (EPS at $6.02 for 2022)
240% increase in annual EBITDA
140% increase in common stock dividend. (Currently 4%)
The stock has risen nearly 250% in a year. 2022 to 2023 while markets have tanked.
I featured TNP back in Sept 2021 calling it the "last value stock left" and i was right.
These types of stocks don't come by every day but it is important for people to learn more than just lines on a chart to get positive results in trading and investing.
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TNP continues to kick ass all over the place. Since my original post, Sept 2021, it is up nearly 200%!! Wait there is more! The dividend while you wait to get paid like a boss has been around 9%!! Yet only 13 people liked this trade. SMH!!!
People prefer to waste their time and money chasing silly stocks like GME #MEME stocks instead of these Buffet-style value plays.
I will keep posting such wonderful trades in hopes that one day people start noticing and sharing the LOVE!
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