In the latest issue of High Yield Investing, I shared some bullish developments regarding the shipping industry in general and Global Ship Lease (NYSE: GSL) in particular. We have owned GSL’s 8.75% coupon preferred stock since October 2018. The generous quarterly dividends alone have given us a nice gain… Read More
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Imagine if Verizon (NYSE: VZ) and AT&T (NYSE: T) merged, creating a powerhouse telecom giant that dominated the nation’s lucrative wireless market. Suppose the company then took control of Comcast (Nasdaq: CMCSA) and ViacomCBS (Nasdaq: VIAC), adding high-speed Internet, television, cable networks, and other mass media interests to its vast… Read More
All eyes are on Georgia. Control of the Senate hangs in the balance. And as I write, the outcome of key Senate runoff elections remains too close to call. Regardless of how these races shake out, Congress will remain deeply divided with the slimmest of majorities. And since Washington controls… Read More
Wow, does that feel strange… I just dated the top of this newsletter January, 2021. Is 2020 finally over? Normally, it feels a little bittersweet to see another year come to an end. But in this case, most are probably saying good riddance. January 2021 Issue Where Do I Start?… Read More
Around the Thanksgiving table, it usually doesn’t take long here in Louisiana for the topic of conversation to migrate to LSU football. But not this year. After a perfect 15-0 campaign in 2019 that culminated in a National Championship, this year’s underachieving 3-6 squad has been a sore disappointment. Fans… Read More
If you build it, they will come. Who can forget that classic line from the nostalgic baseball film Field of Dreams, in which an Iowa farmer named Ray Kinsella risks financial ruin to turn a valuable parcel of prime farmland into a baseball diamond? Friends and colleagues thought old Ray… Read More
In case you’ve been glued to election returns, the market received a nice post-election jolt last week. After climbing 367 points on Wednesday, the Dow gained 542 on Thursday, tacked on more than 800 yesterday, and then added another 262 today. That’s almost an average year’s worth of gains crammed… Read More
By the time our print subscribers read this newsletter, we may have elected a new President. Or not. As you know, we generally try to avoid political discussion here at StreetAuthority, except when it intersects with our holdings – which is all too often these days. In This Issue Could… Read More
“Close the door,” he said. “I’m about to reveal the secret of how to become rich.” The man was none other than Warren Buffett. The Oracle himself. You could fill an entire anthology with insightful observations and sage advice that he has shared over the past half-century. But one piece… Read More
What do these companies all have in common? NVIDIA (Nasdaq: NVDA). Advanced Micro Devices (NYSE: AMD). Amazon.com (Nasdaq: AMZN). PayPal (Nasdaq: PYPL). Well, they happen to be four of the top-five performers in the S&P 500 this year, racking up healthy gains between 90% and 145%. Of course, you can’t… Read More