No Picture
Trading Ideas

A Stock With a Double-Digit Yield and Improving Dividend Safety

In 2018, I called AGNC Investment Corp.’s (Nasdaq: AGNC) dividend safety the worst I’d ever seen. It received an “F” rating, but only because there is nothing lower than “F” in my SafetyNet Pro rating system.

–>

What Is SafetyNet Pro?

SafetyNet Pro is a groundbreaking tool that predicts dividend cuts with stunning accuracy. With it, you can determine the dividend safety rating of nearly 1,000 stocks. Access to SafetyNet Pro is reserved exclusively for subscribers of Marc’s newsletter, The Oxford Income Letter. To learn more about SafetyNet Pro and The Oxford Income Letter, click here now.

I said a dividend cut …read more […]

No Picture
Trading Ideas

U.S. Steel Claws for Cash to Keep Strategy Intact Amid Pandemic

(Bloomberg) — U.S. Steel Corp. is doing everything it can to weather the economic downturn caused by the coronavirus pandemic, including a share offering announced late Wednesday.The company offered 50 million shares — almost a third of the current number outstanding — at a level said to be about $8.58 to $8.80 per share. After closing at $9.38 in New York, shares were down 5.5% in after-market trading.The Pittsburgh-based steelmaker faces a historic decline in demand, announcing earlier Wednesday that it expects deeper losses in the second quarter than analysts forecast. At the same time, U.S. Steel is working toward …read more […]

No Picture
Business News

PepsiCo drops Aunt Jemima, criticized for racist history; Uncle Ben’s, Mrs. Butterworth’s under review

PepsiCo Inc said on Wednesday it will change the name and brand image of its Aunt Jemima pancake mix and syrup, dropping a mascot that has been criticized for a racist history, amid a national debate over racial inequality in the United States.

…read more […]

No Picture
Trading Ideas

The EV Semitruck Race Is Heating Up

I spent 25 years selling electronic test equipment to AT&T. I did very well and ended up retiring at 47.
At that job, I quickly learned to pay attention to my competition. After all, many competing companies had veteran salespeople hawking equipment that rivaled my own.
One of my favorite quotes about this subject is from Henry Ford. He once said, “Competition whose motive is merely to compete, to drive some other fellow out, never carries very far. The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the …read more […]