This $13 Stock Finally Figured It Out

Even before COVID-19 was a thing…

And well before the “work at home” trend gained traction…

I’d long believed that WeWork (NYSE: WE) was perfectly positioned for the next phase of the working world.

As I’m sure you know, WeWork offers flexible-workspace solutions to individuals and enterprises worldwide.

In other words, the company provides open workspaces, event spaces, dedicated desks, standard office spaces, office suites and full-floor offices on a monthly basis. (Its introductory rate right now is three months for $199.)

Just like a Life Time Fitness or Equinox gym member, a WeWork member can enjoy the convenience of using any of the company’s hundreds of locations around the world with 24/7 access.

It was a fantastic idea… until management screwed the company out of really taking off.

I’ll spare you those details, but the error forced a major shake-up and restructuring a while back.

But now WeWork is back – and its timing couldn’t be better.

The entire world has accepted a new approach to working in offices. Flexible workspaces could soon account for 30% of the commercial office market, and that could produce as much as $6.8 billion in revenue for WeWork by 2024.

For $13 per share, it’s worth a look.

 

Action Plan: As the first mover in the flexible-workspace market, I could easily see shares of WeWork breaking above $20 by the first quarter of 2022. Buying today for $13 looks like a smart move.

P.S. If you think this play is interesting, then wait until you see my newest Trade of the Day Plus pick this week. As a teaser, it’s my personal belief that 18 months of staring at phone screens has impacted our vision in ways that we’ve never experienced before – and that leads me directly to one new play. I believe this company is perfectly positioned to benefit from the new vision reassessment trend. The new pick drops this Wednesday. To get it emailed directly to you, accept your invitation to join Trade of the Day Plus right now!

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