Inflation Busters: 3 Hidden Stock Gems That Thrive in a High-Cost World

InvestorPlace01-21

These three stocks to buy for high inflation should do well in 2024. PrairieSky Royalty (PREKF): A resurgence in oil prices would help this specialty landowner. Intercontinental Exchange (ICE): The ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2405647407?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-01-21 03:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2405647407","market":"us","top_or_hot":-1,"title":"Inflation Busters: 3 Hidden Stock Gems That Thrive in a High-Cost World","media":"InvestorPlace","content":"<div>\n<p>These three stocks to buy for high inflation should do well in 2024.\nPrairieSky Royalty (PREKF): A resurgence in oil prices would help this specialty landowner.\nIntercontinental Exchange (ICE): The ...</p>\n\n<a href=\"https://investorplace.com/?p=2628463\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation Busters: 3 Hidden Stock Gems That Thrive in a High-Cost World</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation Busters: 3 Hidden Stock Gems That Thrive in a High-Cost World\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-21 03:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/?p=2628463><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These three stocks to buy for high inflation should do well in 2024.\nPrairieSky Royalty (PREKF): A resurgence in oil prices would help this specialty landowner.\nIntercontinental Exchange (ICE): The ...</p>\n\n<a href=\"https://investorplace.com/?p=2628463\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0011850046.USD","symbol_name":"贝莱德全球长线股票 A2 USD","start_time":0,"source_url":"https://investorplace.com/?p=2628463","article_id":"2405647407","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2405647407","pubTimestamp":1705777200,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Conflicting messages are being sent about the direction of inflation. It’s not too late to pick up some stocks to buy for high inflation.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4553":"喜马拉雅资本持仓","LU2211817866.USD":"Allianz Food Security AT Acc USD","BK4515":"5G概念","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4534":"瑞士信贷持仓","BK4189":"农产品","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","ADM":"阿彻丹尼尔斯米德兰公司","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4559":"巴菲特持仓","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4550":"红杉资本持仓","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","ICE":"洲际交易所","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","TPL":"Texas Pacific Land Trust Sub Sha","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0385154629.USD":"贝莱德营养科学基金A2","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4512":"苹果概念","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","BK4112":"金融交易所和数据","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4532":"文艺复兴科技持仓","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","PREKF":"Prairiesky Royalty Ltd.","LU0109392836.USD":"富兰克林科技股A","CPI":"IQ Real Return ETF","AAPL":"苹果"},"translate_title":"通货膨胀克星：在高成本世界中茁壮成长的3颗隐藏的股票宝石","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ADM":1,"TPL":1,"PREKF":1,"ICE":1,"CPI":1,"AAPL":1},"content_text":"These three stocks to buy for high inflation should do well in 2024.\nPrairieSky Royalty (PREKF): A resurgence in oil prices would help this specialty landowner.\nIntercontinental Exchange (ICE): The NYSE owner plays a big part in real estate mortgages. \nArcher Daniels Midland (ADM): It makes a little from a lot of volume.\n \n\n\n\n \n\nSource: Yellow_man / Shutterstock\n\n\n\nWhen investors stopped thinking about stocks to buy for high inflation, the U.K.’s Office of National Statistics (ONS) delivered a jolt to the system. \nOn January 17, the ONS reported that the Consumer Prices Index (CPI) rose by 0.4% in December. This pushed the annual inflation rate to 4.0% from 3.9% in November. Increasing prices for alcohol and tobacco were the culprits last month. \n“The prices of goods leaving factories are little changed over the last few months, while the costs of raw materials remain lower than a year ago,” Forbes reported comments from the ONS. \nIn Canada, Statistics Canada reported that the country’s annual inflation rate jumped up to 3.4% in December, 30 basis points higher than in November. In the U.S., the CPI rose by 0.3% in December to 3.4%, suggesting that cuts in interest rates might not come as soon as investors hoped. \nShould prices remain elevated for the foreseeable future, it’s not too late to buy these three stocks for high inflation. All three are in the top 10 holdings in the Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL)\nPrairieSky Royalty (PREKF)\nSource: shutterstock.com/eamesBot\nPrairieSky Royalty (OTCMKTS:PREKF) is the top holding, weighted at 5.71%. \nThe Calgary-based PrarieSky Royalty “is a pure-play royalty company, generating royalty revenues as petroleum and natural gas are produced from our 18.3 million acres of royalty properties spanning Western Canada from Northeast British Columbia to Western Manitoba,” states the company website.\nThe company is a smaller version of the Texas Pacific Land Corp. (NYSE:TPL), which makes money off royalties from oil and gas produced on its land in West Texas. It is the actively managed ETF’s third-largest holding with a 5.34% weighting.    \nPrairieSky went public in May 2014. When it went public, it had 40,000 acres per million shares of its stock outstanding. Today, it’s almost doubled, up 89%. At present, there are 246 wells producing oil on its land. Approximately 50% of the revenue generated is by private operators. Its quarterly dividend yields a reasonable 4.4%.  \nIntercontinental Exchange (ICE)\nSource: Shutterstock\nOn the U.S. side of the 49th parallel, Intercontinental Exchange (NYSE:ICE) is the fifth-largest holding at 4.61%.\nICE is best known for owning the New York Stock Exchange, which it acquired in 2013. However, its Exchange segment owns 13 regulated exchanges and six clearing houses in the U.S., UK, and several other countries. \nIt has two other operating segments – Fixed Income and Data Services and Mortgage Technology. In the nine months ended Sept. 30, 2023, Exchanges accounted for 57% of its $5.79 billion in revenue, followed by Fixed Income and Data Services (29%), and Mortgage Technology (14%). \nIn September 2023, the company completed its acquisition of Black Knight, a software and data analytics provider for the mortgage industry. While the Exchanges segment is the most significant revenue contributor, the other two generate more recurring revenue as a percentage of their segment’s revenue, which is the best kind. \nAnalysts like its stock. Of the 20 that cover it, 16 rate it either overweight or buy, with a target price of $144.50, 15% higher than its current trading spot. \nArcher Daniels Midland (ADM)\nSource: Maryna Pleshkun/Shutterstock.com\nArcher Daniels Midland (NYSE:ADM) is the ETF’s sixth-largest holding at 4.22%. \nTo understand what the company does, one needs to go back and look at its history since its founding by George A. Archer and John W. Daniels in 1902. The duo started with a linseed crushing business. It created linseed oil for industrial applications such as paints, sealants, and adhesives. \nBy 1924, it was a public company listed on the NYSE. Over the next hundred years, it continued to add products and services such as grain and soybean processing as its competencies and expertise increased. \nToday, it has three operating segments: Ag Services and Oilseeds (77% of revenue), Carbohydrate Solutions (14%), and Nutrition (9%). Despite the two latter segments only generating 23% of the revenue, they account for 33% of the operating products. \nIn the Nutrition segment, one of its products is Proud Paws, a line of dry cat and dog food. It’s got its hands into virtually everything to do with food ingredients. \nOne reason that’s probably kept a lot of investors away from ADM is its low operating margins. In Q3 2023, they were less than 7%. Apple’s (NASDAQ:AAPL) is around 30%, more than 4x ADM’s.\nDespite the thin margins, its five-year annualized total return, up 12.04%, is reasonable.\nOn the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nWill Ashworth has written about investments full-time since 2008. Publications where he’s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.Real Estate\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/01/inflation-busters-3-hidden-stock-gems-that-thrive-in-a-high-cost-world/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2405647407"}