Boston professor and forensic accountant, Joel Litman, discovered that the numbers he was seeing, the publicly reported earnings of nearly EVERY stock in America… were wrong.
Through a grueling process that has taken almost a decade to perfect, Litman found out that he can correct up to 130 different adjustments to get true numbers.
Then he discovered that he can correct up to 130 different adjustments to get the true numbers. And by doing so, he can see (before 99% of other investors) where the stock is likely to go next.
And by doing so, he can see (before 99% of other investors) where the stock is likely to go next.
Some folks have referred to what he built as an Investment Truth Detector .
And this truth detector just flagged a former dot-com darling as a potential breakout stock.
If you ask many so-called experts about this stock and they are likely to say there is ‘no compelling value’ and it’s ‘falling behind.’ Some analysts have even called the company a “dinosaur” with “limited upside.”
But according to Litman, that’s because no one on Wall Street is seeing the true picture.
The reality is, this company has been reporting misleading earnings that are four times less than the TRUE number. Take a look…
Here are the publicly reported Return on Assets…
5.9% in 2018… which isn’t very impressive.
But when Litman ran his forensic accounting analysis…
And discovered the REAL, TRUE number…
Almost four times higher… and the stock market doesn’t realize it at all.
He says, "Most people won’t know the REAL story of this company until after the stock has potentially tripled…"
This first-of-its-kind “forensic accounting” analysis of 1,867 stocks could have helped you make an extraordinary 6,734% gains on Jazz Pharmaceuticals... 4,497% gains on Lululemon... 6,587% gains on Air Transport Services and dozens more...
It’s no wonder Litman has become a sought-after speaker, consults with the FBI and has 9 out of the top 10 biggest money managers in the world following his research.
Litman just released a video detailing exactly how his Truth Detector works and reveals details about this seemingly forgotten dot-com, which he believes has massive potential.
About Hidden Alpha
Hidden Alpha is a monthly research service written Professor Joel Litman, focused on finding companies whose TRUE profits and earnings are hidden from 99% of other investors. Using this proprietary uniform accounting datasets, Hidden Alpha targets well-known stocks that could still have significant upside.
Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest — you can lose some or all of your money. Never risk more than you can afford to lose.