Lock in historically high dividend yields from these two
safe and undervalued stocks now while they are still cheap. Market volatility
may be here to stay, but these two stocks can shield your portfolio while also
returning above average income.
I just got back from the Money Show conference in Las Vegas
where I delivered a couple of presentations. I gave one on the state of the
biotech sector and another one on where I am finding value in what I believe to
be at least a slightly overbought market with no earnings growth to speak of.
I found my audience was a bit more somber than in years
past; although, they seem to be maintaining their resiliency despite the challenging
market of the last year and a half. This contrasted to the mood at the nearby
SALT conference in the Bellagio which is an annual hedge fund confab. After
years of underperforming the market and seeing an increasing out-migration of
both governmental and corporate pension funds, this meeting of the financial
“Masters of the Universe” was almost a wake. At least I hear it was, I think my
invite might have got lost in the mail this year.
All kidding aside, it has been a rough go for both the
retail and professional investor ever since the Federal Reserve drew down its
last “quantitative easing” program in the fall of 2014…
Source: Investors Alley