The Panic-Proof Portfolio (Stockchase Research)
Univest Financial Corp.
UVSP-Q
PAST TOP PICK
Dec 15, 2020
(A Top Pick Sep 10/20, Up 30%)Stockchase Research Editor: Michael O'Reilly UVSP has achieved analyst targets at $19.75. To be disciplined we are recommending covering 50% of the position. We also recommend trailing up the stop to $15.25, just above the initial recommended entry price.
Stockchase Research Editor: Michael O'Reilly The company is a regional bank and trust company operating in Pennsylvania. It’s recently posted earnings and stock price put the PE at 12.5, well under sector and market levels. It is also trading at less than 70% of book value. Earnings for 2021 are expected to grow by over 40%. We like the dividend yield, which has only a 65% payout ratio. We would trade this with a $14 stop-loss. Yield 5.07% (Analysts’ price target is $19.75)
(A Top Pick Sep 10/20, Up 86.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with UVSP is progressing well. We recommend trailing up the stop (from $15.25) to $26.50. This would all but guarantee a minimum return on investment of 52%, including the previous recommendation to cover 50% of the position.
(A Top Pick Sep 10/20, Up 74.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with UVSP has triggered its stop at $26.50. To remain disciplined, we recommend covering the balance of the position. Combined with the previous recommendation to cover half the position, this results in net investment return of 52%.
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