If you go by the headlines they generate, then Apple Inc. (NASDAQ: AAPL), Amazon.com Inc. (NASDAQ: AMZN), and Microsoft Corp. (NASDAQ: MSFT) are the best stocks to buy.
Of course, Money Morning is a fan of these stocks, but there are plenty of stocks out there that can create life-changing wealth that you aren’t going to hear about from mainstream pundits.
VQ StockFortunately, I used the Money Morning Stock VQScore™ to identify a company that could make you very rich.
This VQ stock pays a mouth-watering dividend yield of 14.08%…
It has one of the strongest financial positions of any stock on the market…
And it’s trading at a valuation that makes it a prime takeover target in the future.
All of this would add up to a stock poised to bring a monster return for investors over the next 12 months.
The only downside is the company’s operations are extremely boring, and they won’t be generating headlines anytime soon.
But I don’t care, and neither should you.
If you’re serious about making money, join me for a closer look at the company that’s ready to hand you a massive payday…
I Love Boring Companies That Can Make You Rich
I promise you, this company isn’t exciting.
But the amount of money you can make off it sure is…
The VQScore System flagged Norbord Inc. (NYSE: OSB) as a screaming buy based on its underlying numbers and its investment thesis going forward.
Norbord is an international producer of wood-based panels.
That’s right.
This company is in the business of manufacturing sub-flooring, wall sheathing, roof panels, and other industrial products.
It isn’t making shiny gadgets, and no one is talking about it on CNBC.
You see, this type of profit opportunity only comes around once or twice a year.
The company’s dividend yield currently sits at an astonishing 14.08% per year.
Now, this dividend alone makes OSB an attractive investment, but you should never buy a stock just because of its dividend yield.
You have to actually do some financial analysis to determine whether the company actually has the money to meet these obligations to investors.
And I’m going to do all the tough work for you…
Using my two favorite metrics to determine the financial strength of the company – the Pitroski F-Score and the Altman Z-Score – we find a stock that isn’t in just good condition…
It’s in phenomenal financial shape.
The company has a near perfect F-score of 8 (out of 9), and its Z-score indicates it’s not facing any debt threats in the near future.
Now, I want you to keep something in mind.
All of the metrics that I showed you are extremely valuable when analyzing a stock.
But the most important one – the one that helped me find this incredibly boring, yet profitable stock – is the Money Morning Stock VQScore™.
This powerful, proprietary system tracks more than 1,500 profitable companies. Based on all the metrics, the VQScore ranks stocks from a 1 to 4.75, with 4.75 being the highest. Stocks with a perfect score are the ones to buy, as the VQScore is telling us that the stock is ready to breakout.
You likely know where I’m going.
Norbord has a perfect score of 4.
Norbord is a rare gem.
It’s highly profitable company that pays a huge dividend, maintains a very strong financial sheet, and is trading at a valuation that makes it an extremely attractive takeover candidate.
— Garrett Baldwin
Source: Money Morning