TalosAlternative investors don’t need to shy away from traditional energy markets. Talos Energy Inc. (NYSE: TALO) is a bargain stock, backed by a company that is engaged in the extraction of oil and natural gas. While oil has few parallels to an alternative portfolio, natural gas is more promising because it is cleaner, more abundant, and less destructive than crude oil.

Talos has generated revenue growth for three consecutive fiscal years. At the end of 2019, revenue was up 4.08%, and the company started 2020 with a gross profit margin of 32.83%. The profitability extends all the way to the bottom line with an EBITDA margin of 66.33%.

The best bargain portfolios should extend beyond solar, wind, and hydro energy sources. Natural gas stocks are more viable in the mid-term, and this is one of the best picks of August. Analysts predict a target price of $14.00, suggesting that the stock could almost double before the end of 2020

Negative momentum on the stock indicates that there’s headroom for investors who buy into this stock today. Talos is an excellent bargain pick that could help to diversify portfolios that are heavily weighted towards renewable energy companies.

Key Data:

  • 1 Year Price Growth: -60.47%
  • YTD Price Growth: -74.63%
  • 3 Month Price Growth: -39.67%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.