Have you seen the price of chicken lately?
It’s gotten rather expensive, right alongside just about everything else.
It’s no surprise that one of our most recent Rapid Wealth Alliance opportunities was found in the agriculture business.
I’ve never heard from friends in the restaurant business cry like I have recently about the price and availability of poultry products.
A friend of mine and I stopped at the local Buffalo Wild Wings this past weekend for some wings and a few beers.
I couldn’t believe my eyes when the bill came… $103.00 for chicken wings and a few pints.
My mind was blown, but I quickly better understood why the place was empty at 4 p.m. on a Saturday afternoon.
This Rapid Wealth Alliance company’s product portfolio consists of tray packs and large birds, and it caters to grocery and food-service customers.
It sells its chicken products in various forms under their brand name to retailers, distributors and casual dining operators throughout the United States.
The company’s numbers are nothing to cluck at either. There’s steady revenue growth, it’s turning a profit and its cash is heavy.
These are all great signs of fundamental stability!
The company sits modestly undervalued with a price-earnings (PE) ratio of just 8.91.
It is making money with cash on hand. As you all know, I love businesses with cash flow!
This investment portfolio idea should offer us a multiple of our entry price in return.
Price has been consolidating tightly in what appears to be a great area of technical support.
If you’re not familiar with the Rapid Wealth Alliance program, I recommend checking it out.
For those of you who are looking to trade, however, that’s not what this service is about.
It’s more about finding great companies with great long-term upside potential.
If you’re looking for investing portfolio ideas, I invite you to join us at Rapid Wealth Alliance to view our model portfolio and join in on our live weekly training sessions!
Rules to Live By
“There are only two ways to live your life. One is as though nothing is a miracle. The other is as though everything is a miracle.”
― Albert Einstein
Until next time, I wish you a beautiful and blessed day!
Yours In Trading Success,
Anthony Speciale Jr.