BRIAN5000 wrote: ↑22 Feb 2018 16:54
listen is almost any BNN show on related topic
Sorry, I ignore that noise and pay almost zero attention to BNN shows. Could it be an example of confirmation bias for those interested (pun intended) in this segment of the market?
I will concede that these names appeal to a segment of the investing public, those interested in dividend yield stocks. That might be "anybody with a pulse" amongst the older members of FWF but as a broad statement I don't see it.
Wasn't it early January 2018 when the discount brokerage firms were having service issues and the blame was being placed on "anyone with a pulse" wanting in on the speculative marijuana stocks?
In the past I have been a Connolly Report subscriber and would agree that these types of names would have caught his eye based on his criteria for wanting dividend yield with dividend growth. That doesn't make them candidates for everyone's watch, or buy list. I know they're not on mine.
The dividend yield, dividend growth trade is a crowded trade these days and the underlying fundamentals such as huge debt loads in a rising interest rate market don't look too encouraging to me. A purchaser might get a good dividend, but total return could be suspect going forward due to what I see as deteriorating fundamentals. Look at other fundamental metrics other than dividend yield or dividend growth, are they priced well? I don't see the margin of safety in that crowd to make them attractive to me. Just my $0.02.
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