Outlook For MORL, Reasons to Buy and Reasons for Caution The benchmark 10-year treasury note has breached the 3.0% level. This has to concern investors in interest sensitive securities such as UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN (NYSEARCA: MORL). There are other risks that could impact the securities markets and interest rates in particular. These are policy risks that have arisen as a result of the 2016 election. In March 2017, in Investing In The Era Of Trump - Do Bad Economic Outcomes Necessarily Mean Bad Investment Outcomes?, I discussed various potential risks that unfortunate policy choices by the Trump administration could pose to the financial markets.
It now appears that many of those policy-related risks are combining and intertwining and thus posing... more
There are pressures across the healthcare landscape to contain costs, but the demographic trends in the US point to an ever-aging population, particularly those over the 85+ age group in coming decades. As with many of its healthcare peers, Baxter (BAX) has this demographic tailwind going for it, but the company also has a number of competitive advantages that we think will help it stay near the head of the pack in coming years. For starters, very few other players have the breadth and depth of product offerings as Baxter does, and its long operating history has forged strong relationships with customers and clients, from hospitals to clinics to physicians and patients and beyond. Potential new entrants just don't have these relationships in place.
Though Baxter faces competition... more
Every week - time permitting - I will publish articles here, exclusive to SA readers - providing what I believe are the top-most stocks within four distinct sectors I follow - technology, industrial, healthcare, and consumer discretionary. In this specific article, I will focus purely on technology stocks.
Every stock included within these articles are thoroughly researched to the best of my ability, and combine both key fundamentals, and some technical analysis (specifically price/volume activity)...
The objective of this method is to combine both fundamental and price/volume activity towards identifying quality companies which are potentially under accumulation (usually the early stages of a trend). Practically, a 'qualitative' watchlist of all NYSE/AMEX/Nasdaq listed... more
Introduction The information presented below was created based on combining the "U.S. Dividend Champion" spreadsheet compiled by David Fish hosted here with upcoming dividend information from the Nasdaq. This meshes metrics about companies with dividend growth history with upcoming dividend payments (and whether those payments are increasing). These companies all have a minimum 5-year dividend growth history.
The "ex-dividend" date is the day you are no longer entitled to the dividend or distribution. You need to have made your purchase by the preceding business day. If the date is a Tuesday, you need to have purchased (or already owned) shares by market close on Monday. Be aware that for any stock going ex-dividend on a Monday (or Tuesday if Monday may be a... more
The Board of Trustees of The Gabelli Go Anywhere Trust (NYSE American: GGO) (the “Fund”) declared a $0.20 per share cash distribution payable on June 22, 2018 to common shareholders of record on June 15, 2018.... more
By Axel Merk & Nick Reece
In recent months, pundits have cautioned about a flattening yield curve, suggesting it may signal the end of the economic expansion, the end of the bull market, possibly even the end of the world as we know it. There's plenty to worry about in the markets, but in the spirit that knowledge is the enemy of ignorance, let's clear up some myths.
First, what is yield curve steepness? It reflects the relationship between the short end and long end of the yield curve. Got it? Okay, let’s dissect this jargon:
The “short end” of the yield curve refers to shorter-term interest rates. This could be the current Federal Funds Target that the Federal Reserve Open Market Committee (FOMC) controls and is colloquially referred to... more
Over the past few weeks, I've been looking into the possibility of investing in precious and non-precious metal stocks and/or exchange-traded products in anticipation of a possible upsurge in commodity prices at some point in the medium- to long-term. This article will take a look at one of the important industrial metals, as well as a company that has some of the lowest-cost deposits of this metal.
Copper is the 3rd most widely-used metal after iron and aluminum. With its high electrical conductivity, malleability, and ductility, it is ideal for a wide variety of applications, of which the most common are electrical wiring, plumbing, machinery parts, and as the basis for a number of commonly-used alloys, including bronze and brass.
As a tradeable commodity, copper has... more
The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE: GDV) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.11 per share for each of July, August, and September 2018.... more
The Board of Trustees of the GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT) (the “Fund”) approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of July, August, and September 2018.... more
Ever wonder how natural gas gets pulled out of the ground? Increasingly, compression is a more important part of the operation - the kind of compression supplied by USA Compression Partners LP (USAC), one of our high yield favorites in the oil and gas services industry.
(Source: USAC site)
USAC is the leading firm in this niche business, providing natural gas compression services under term contracts with customers in the oil and gas industry in the US. It engineers, designs, operates, services, and repairs its compression units and maintains related support inventory and equipment.
"USA is focused on large horsepower. Our entire newbuild order book for 2017, 2018 and 2019 was and is virtually all 2,500 horsepower or higher units, natural attractive margins while seeing... more