Menu

1 / 2

Great Buy-The-Dip Opportunity: Deeply Discounted 7.8-11% Yields With Buybacks

Seeking Alpha·Samuel Smith·6 months ago
#69Yh9tcJ
#source#chevron#alpha#seeking#high
Reading 0:00
15s threshold

Home

Dividends Analysis

Dividend Quick Picks

Summary

The market is sleeping on two high-yielding opportunities that trade at deep discounts to fair value.

Both companies have strong balance sheets, sound fundamentals, fully covered dividends, and are buying back stock.

However, the market has recently sold off both of these opportunities, creating a great buy-the-dip opportunity for long-term-oriented income investors.

Looking for a portfolio of ideas like this one? Members of High Yield Investor get exclusive access to our subscriber-only portfolios. Learn More »

malerapaso/iStock via Getty Images

My favorite types of stocks to buy are ones that pay out high current yields, have sound balance sheets and underlying business fundamentals, while also trading at huge discounts to intrinsic value, and whose management teams are doubling

Analyst’s Disclosure: I/we have a beneficial long position in the shares of OWL either through stock ownership, options, or other derivatives.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.