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JOE - Reading The St. Joe Company's 10-K Then Backing Up The Truck To Buy More
St. Joe Company
St. Joe owns over 170,000 acres of land in Northwest Florida.
While some would dismiss the stock as overvalued due to high P/E or P/B, these investors have not dug beneath the surface.
Even a valuation of JOE's future residential lot sales could substantiate the value of the business, giving you the remaining recurring revenue streams for free.