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Boring stocks with high returns: Two underrated companies Genuine Parts and La Française des Jeux
According to a report from www.aktienwelt360.de, boring stocks sometimes offer solid companies with attractive returns that are often overlooked. Two such companies that could be overshadowed by larger market players are Genuine Parts (NYSE: GE) and La Française des Jeux (NYSE: A2PU5K). Both stocks are attractively valued, but let's take a deeper look at these companies. Genuine Parts: spare parts dealer with potential for returns Genuine Parts is an American company that specializes in the distribution of auto parts, with a B2B business model that also supplies industrial customers and generates a significant portion of its sales abroad. Over the last ten years, sales growth has been...
Boring stocks with high returns: Two underrated companies Genuine Parts and La Française des Jeux
According to a report by www.aktienwelt360.de, boring stocks sometimes offer solid companies with attractive returns that are often overlooked. Two such companies that could be overshadowed by larger market players are Genuine Parts (NYSE: GE) and La Française des Jeux (NYSE: A2PU5K). Both stocks are attractively valued, but let's take a deeper look at these companies.
Genuine Parts: Spare parts dealer with return potential
Genuine Parts is an American company specializing in the distribution of auto parts, with a B2B business model that also supplies industrial customers and generates a significant part of its sales abroad. Over the last ten years, sales growth has been a good 5% per year, and sales growth of between 4 and 6% is forecast for the 2023 fiscal year, with a free cash flow return of around 5% with a current market capitalization of approximately $19 billion.
La Française des Jeux: a French bet
La Française des Jeux is a French company specializing in lottery games and sports betting and is the second largest lottery operator in Europe. Sales increased by 4% in the first nine months, with sports betting and online gaming more than compensating for declining lottery sales. The expected P/E ratio is 17.6 and the expected dividend yield is 4.2%.
Conclusion
For investors looking for stable and conservative investments, GPC and La Française des Jeux could be a possible choice. However, a thorough analysis of the business model and financial metrics is essential, and it may be worth waiting for cheaper prices to increase return potential. Boring stocks can provide long-term surprises when it comes to financial stability and sustainable returns.
Read the source article at www.aktienwelt360.de