7 King-Sized Yields (up to 12.4%) That Wall Street Can’t Stand

When the Wall Street cheerleaders actually dislike a stock—well, that sure commands our contrarian attention. Today we’ll cover one of my favorite traditions, which is fading the opinions of analysts. You know, the guys who typically slap a Buy rating on everything they see? It sounds counterintuitive, but we don’t want Buy ratings on our stocks. Give us Holds and Sells and general apathy. Or, even better, disgust . When every analyst rates a stock a Buy, it feels “safe” to purchase. But really, it’s anything but. With nobody left to upgrade, there is nothing to do but wait for the dreaded downgrade .… Read more