What is your best fundamental/ valuation idea

Looking for some new ideas…

Coming recession implies many business may have 30% drop in earnings and you would think corresponding drop in share price.

Its a buying opportunity if you get it right. But tricky to know when. Its a bit like market timing. Trying to catch the TRUE bottom.

Those holding cash are probably waiting for the right opportunity.

Of course economy goes up and down. You can wait for it, I am more looking for companies that have durable edge, on a reasonable valuation. Say for example we can assume Target has $6 durable earnings and is their current valuation cheap? Is target has structural challenges or can it continue to thrive for another 5 years with stable growth?