• Billionaire George Soros Snaps Up These 3 High-Yield Dividend Stocks
    TipRanks

    Billionaire George Soros Snaps Up These 3 High-Yield Dividend Stocks

    Few investors have realized better sustained profits than George Soros. His hedge fund’s annualized returns exceeded 30% for over 30 years, and made him one of the world’s richest men. He gained fame in 1992 when he made a famous bet against the Pound Sterling and generated over $1 billion in profits in just 24 hours. While his political activities have generated controversy and criticism, no one can doubt his financial acumen.He bases that acumen on a simple aphorism: “If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing in boring.” He means, of course, that the most reliable stocks are the ones least likely to make waves in the markets or headlines in the news. So, don’t expect to find anything exciting in his firm’s $3.6 billion worth of 13F securities – but do expect to find solid returns and reliable dividends. After all, that’s where the profit is.To find out just how good that profit can get, we’ve taken three of Soros’ big dividend moves and looked them up in the TipRanks database. These are investments that the Stock Screener tool reveals as ‘Buy’ rated and, more importantly, all three offer robust dividend yields, between 4% and 11%. The average dividend yield of the S&P-listed stocks is just about 2%, so Soros’ choices start at double that – and work their way up.BP (BP)Up first is BP, the world’s sixth largest oil and gas company. The company’s revenues in calendar year 2018 totaled $303.7 billion, and gave a net profit of $9.6 billion. BP has had some trouble maintaining that sort of performance in 2019, however. In the Q3 earnings release, the company reported $2.3 billion in profits, a 17% decline sequentially and a 39% drop year-over-year.The drop in profits comes on the heels of declining oil prices. Brent crude, the global benchmark price on the oil markets, is down 12.7% from its peak in April of this year. There are subtleties in pricing, however. BP’s quarterly earnings reflect the generally low oil prices, but those same oil prices have been trending slightly upwards since October – and BP’s Q3 numbers did beat the analysts’ expectations. Among the headwinds the company faces is a CEO transition, as current head Bob Dudley will be stepping down this coming March. He will be followed by the company’s upstream chief. The promotion from within promises continuity despite the upper level churn.So, BP is a stock that is weathering a down time in commodity prices, with the resources to wait out a low-price regime. That’s a good position for a company to hold. Even better, for investors, the company has maintained its dividend. The quarterly payment has been set at 61 cents for the last six quarters, and the was 60 cents prior to that. The annualized dividend of $2.44 gives a yield of 6.67%, more than triple the S&P average. At 92%, the payout ratio, while high, is sustainable long-term.With a background like that, it’s no wonder that Soros moved heavily into BP in Q3. The stock offers a solid industry position, a reliable dividend, and a clear path for future profits. Soros’ purchase of BP marked a new position, of 270,000 shares for his fund. At today’s prices, those shares are worth nearly $10 million.Wall Street is upbeat about BP prospects. Setting that tone is BMO analyst Daniel Boyd, who writes, “We think BP is turning a corner after years flagging financial performance driven in part by oil-spill payments that are dropping off. We expect strong production and cashflow growth, enabled by high margin projects, to fuel dividend growth and improved returns.”Boyd’s Buy rating is backed up by a $53 price target, suggesting a strong upside of 43%. (To watch Boyd’s track record, click here)BP shares have received three recent Buy ratings, giving the stock a unanimous ‘Strong Buy’ from the analyst consensus. The average price target stands tall at $51.33 -- indicating a robust upside potential of 39%. (See BP stock analysis on TipRanks)Dominion Energy (D)BP wasn’t the only energy industry company that Soros was interested in. The master investor also made a large entry purchase in Dominion Energy, a power company based in Richmond, Virginia. Dominion is a major supplier of electricity in Virginia and the Carolinas, and also supplies natural gas to customers in Pennsylvania, Ohio, West Virginia, the Carolinas, and Georgia.Utilities are a profitable business. Dominion’s earnings in Q3 2019 came in at $1.18 per share, beating the estimates by 1.7%, and beating the year-ago number by 2.6%. Revenues were up more than 23% year-over-year, but missed the Q3 forecast by 3%.Dominion is due to pay out its next dividend on December 20. The payment, of 92 cents, annualizes to $3.67, giving a solid yield of 4.54%. The company has a 10-year history of committing to its dividend payment, and has been raising it annually for the last three years. Dominion has proven itself a reliable dividend stock.Long-term reliability of return likely drew in Soros, who purchased 150,000 D shares in Q3. His purchase is now worth over $12 million. Like BP, this was a new position for Soros, signaling an interest in the energy industry.Wolfe analyst Steve Fleishman takes a bullish stance on Dominion. Writing on the stock this week, he said, “Dominion has a balanced strategy, combining high-growth electric and gas utility operations with heavily contracted gas pipeline and LNG export assets. The company has done a good job de-risking the earnings mix and balance sheet, and we see it as attractive at current levels…”Fleishman gives D shares a ‘Buy’ rating with a $90 price target. His target indicates confidence, and about 12% upside potential for the stock. (To watch Fleishman’s track record, click here)Wall Street is evenly split right now on Dominion, with the analysts giving the stock 4 Buys and 4 Holds. The stock is trading for $80.69, and the $87.57 average price target implies a premium of 8.5% from the trading price. (See Dominion stock analysis on TipRanks)Annaly Capital Management (NLY)Turning away from the energy industry, we come to a stock in which Soros had already held a position. In the third quarter, the billionaire added over 1.15 million shares to his exiting holding in Annaly Capital Management, a substantial increase of 49%. The company is a real estate investment trust, and one of the largest in the US.Real estate investment trusts (REITs) are companies that own and manage combinations of residential or commercial properties, or invest in the loans and mortgages used to fund those properties. Annaly invests primarily in mortgage-backed securities, and holds some $133 billion worth of assets in its portfolio.For dividend investors, whether small-scale or billionaire hedge gurus, the stock is an obvious target. US tax code regulations require REITs to return as much as 90% of their income directly to shareholders, which is usually done in the form of dividends. For income investors, this is a boon. Stocks like NLY generally have dividend payout ratios that start at 85%; in Q3, NLY’s ratio was just over 100%, meaning all of the company’s income was sent back to investors. The current dividend, paid out quarterly at 25 cents per share, annualizes to a yield exceeding 10%.The high dividend makes up for slipping share value, helping to keep investors interested in NLY even though the stock has slipped 4.8% this year. As noted above, Soros’ interest in the company is substantial – and his total holding in the stock, of 3.517 million shares, is worth $32.88 million.4-star Barclays analyst Mark Devries lays out a clear thesis for investing in Annaly: “NLY's diversification into non-Agency and commercial real estate investments are initiatives that could generate attractive returns longer term. We like Agency focused Mortgage REITs at this point in the cycle given their defensive nature and ability to outperform in a bear market for equities.”Devries puts a $10 price target and a Buy rating on this stock. His target suggests a 7% upside to the stock – not spectacular, but still profitable. (To watch Devries’ track record, click here)Wall Street’s analyst give approval to NLY by a 3 to 1 advantage, putting a Strong Buy consensus rating on the stock. The average price target, $9.69, implies a modest upside of 4% from the $9.35 share price. From an investor’s perspective, the high yielding dividend here is more attractive than the shares’ appreciation potential. (See Annaly stock analysis on TipRanks)

  • SoftBank’s China strategy wobbles as key bets disappoint
    Reuters

    SoftBank’s China strategy wobbles as key bets disappoint

    HONG KONG/BEIJING (Reuters) - For SoftBank Group Inc, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China investing strategy. Instead, embarrassed bankers had to slash the offering size and cut its price as investors baulked at a business model seen too reliant on majority owner Ping An Insurance. The IPO valued OneConnect at $3.7 billion, about half its worth last year when SoftBank's Vision Fund invested $100 million, and its stock was down slightly in its debut on Friday.

  • Stocks To Watch: Fifth Third Bancorp Sees RS Rating Jump To 83
    Investor's Business Daily

    Stocks To Watch: Fifth Third Bancorp Sees RS Rating Jump To 83

    Fifth Third Bancorp had its Relative Strength (RS) Rating upgraded from 79 to 83 Friday. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD's proprietary RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of other stocks on the major indexes.

  • Futures Cops Hunt Wall Street for Government Leaks
    Bloomberg

    Futures Cops Hunt Wall Street for Government Leaks

    Dec.12 -- U.S. regulators are digging into a topic that has been the talk of Wall Street and Washington ever since a controversial Vanity Fair article suggested investors made billions of dollars trading ahead of market-moving news: Are government leaks fueling big profits in the futures market? Bloomberg's Matt Robinson has more on "Bloomberg Markets."

  • Barrons.com

    Stocks Are Headed Higher in 2020, Strategists Say. Here’s Which Sectors Will Benefit the Most.

    Strategists see modest gains ahead for stocks in 2020, supported by a stable economy, accommodative monetary policy, and a pickup in manufacturing.

  • Barrons.com

    Where Can Investors Find Value in a Long Bull Market? Here Are Our 10 Stock Picks for 2020.

    FEATURES - MAIN U.S. stocks are ending the year on a high note. The S&P 500 index boasts a total return of 29% year to date—a great showing in the 11th year of an extraordinary bull market. With stocks near record highs, where can investors turn for 2020? Barron’s has identified 10 top stocks for the coming year, as it has every December for the past decade.

  • Bitcoin Cash ABC, EOS and Ethereum Daily Tech Analysis – 13/12/19
    FX Empire

    Bitcoin Cash ABC, EOS and Ethereum Daily Tech Analysis – 13/12/19

    It’s another testy start to the day for the majors. Failure to move back through early highs could weigh by late morning…

  • What’s Ahead for the Next Gen of U.S. Hotel Franchisees?
    Skift

    What’s Ahead for the Next Gen of U.S. Hotel Franchisees?

    Grey Raines’ family got into the hotel business in the 1950s. At 38, he is carrying the mantle as president of Raines Hospitality, which will have 20 hotels by early 2020. The Florence, South Carolina-based company has Marriott, Hilton, Hyatt, and Choice hotels in its portfolio. Raines started out in the family business as a […]

  • Investors Are Heavily Buying These 19 Stocks
    Investor's Business Daily

    Investors Are Heavily Buying These 19 Stocks

    Paycom Software, Amgen, Kemet, and Global Payments are among 19 top-rated stocks showing big year-to-date gains and strong institutional demand.

  • This Biotech Stock Just Got A Highly Anticipated FDA Approval
    Investor's Business Daily

    This Biotech Stock Just Got A Highly Anticipated FDA Approval

    Amarin stock remained halted late Friday after U.S. regulators approved its drug, Vascepa, to cut down on cardiovascular events in patients with an above-normal level of triglycerides.

  • Why your 401(k) isn’t making you enough money for a secure retirement — plus more top investing tips
    MarketWatch

    Why your 401(k) isn’t making you enough money for a secure retirement — plus more top investing tips

    Workers who diligently put away money from their paycheck into a 401(k) retirement plan expect that acting responsibly will provide greater financial security in old age. Read about this troubling reality for American workers, and don’t miss a report about how women can get the investment advice they want. Then, check out tips for managing a 529 college-savings plan, and learn about a contrarian stock investing strategy where one year’s losers are the next year’s winners.

  • Ford recalls half a million Kentucky-made Super Duty vehicles
    American City Business Journals

    Ford recalls half a million Kentucky-made Super Duty vehicles

    Ford Motor Company announced a safety recall this morning on 2017-19 Super Duty SuperCrew vehicles. The SuperCrew is a cab configuration for Ford’s Super Duty trucks, which offers a more spacious backseat for passenger transport compared to other cab configurations. The recall affects 490,574 vehicles in the United States, as well as 56,112 in Canada and 852 vehicles in Mexico, according to a news release from Ford.

  • Achilles Founder Khajuria Sees Private Equity Allocations Growing
    Bloomberg

    Achilles Founder Khajuria Sees Private Equity Allocations Growing

    Dec.12 -- Sachin Khajuria, Achilles Management founder and a former partner at Apollo Global Management LLC, discusses the Achilles' strategy and the outlook for private equity with Bloomberg's Vonnie Quinn, Sonali Basak and Guy Johnson on "Bloomberg Markets."

  • Top Retirement Savings Tips for 55-to-64-Year-Olds
    Investopedia

    Top Retirement Savings Tips for 55-to-64-Year-Olds

    If you plan to retire within the next 10 years, you still have time to boost your 401(k) contributions and make these other moves to increase your savings.

  • 3 Big Breakout Stocks to Buy
    InvestorPlace

    3 Big Breakout Stocks to Buy

    Breakout trades are a well I have returned to time and again in recent weeks. But, hey, if it ain't broke …Today we're looking at three more stocks to buy that boast compelling setups ahead of the weekend. The appeal of the ever-popular breakout pattern is simple. There are four groups of market participants: two are buyers and two are sellers. The former group consists of new bulls going long and old bears exiting shorts (buying to cover). The latter group involves new bears going short and old bulls exiting longs.When a stock breaks major resistance, both buying camps are present while the selling groups are absent. Here's what I mean: New buyers enter, and old short sellers exit to minimize damage. At the same time, new short sellers steer clear because the breakout is a powerful bullish signal. And old buyers stay the course not wanting to cut their gains short in the face of such strength.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Worst Dividend Stocks of the Decade Let's take a closer look at three breakout stocks to buy. Shopify (SHOP)Source: The thinkorswim® platform from TD Ameritrade Shopify (NYSE:SHOP) will end 2019 as one of the biggest gainers on the Street. It's up 165% and could tack on additional profits over the final three weeks. It spent much of the fourth quarter carving out a correction, but after Thanksgiving, buyers returned in a big way.The upside pop saw huge volume confirming institutions are backing the boom. Since then, we've seen a classic six-day high base pattern that has allowed SHOP stock to digest gains and set the stage for further upside.You can either enter bull trades in anticipation of the next breakout or wait for a rise above $381 to confirm. Bull call spreads offer a low-cost path to profits on this expensive stock.The Trade: Buy the February $380/$400 bull call spread for around $8. Microsoft (MSFT)Source: The thinkorswim® platform from TD Ameritrade Microsoft (NASDAQ:MSFT) isn't a stranger to bullish patterns. Its history is littered with profit-giving pullbacks and Benjamin-filled breakouts. Its year-to-date gains aren't as jaw-dropping as SHOP, but it's also a much, much bigger company. The 50% rise could tack on a few more percentage points in the final few weeks.The past month has seen a mini cup-and-handle formation that triggered this morning. Bull trades are worth a shot, and with the low implied volatility, bull call spreads make sense.The Trade: Buy the February $155/$160 bull call spread for around $2.09 Mastercard (MA)Source: The thinkorswim® platform from TD Ameritrade Our final selection calls the financial sector home. Credit card stocks have enjoyed a profitable year, and Mastercard (NYSE:MA) is one of the best. Its path has closely tracked that of MSFT with a 54% year-to-date gain.MA stock's 20-day, 50-day, and 200-day moving averages are all pointing higher in support of the trend. But resistance has cropped up over the past month near its 52-week high at $293. We've seen multiple attempts to rise above it, but none have succeeded. I suspect, however, that resistance's days are numbered, and an upside breakout is looming.As mentioned with SHOP, you can either deploy bullish plays now in anticipation of an upside resolution or wait for confirmation.The Trade: Buy the April $295/$305 bull call spread for around $4.60.As of this writing, Tyler Craig didn't hold positions in any of the aforementioned securities. For a free trial to the best trading community on the planet and Tyler's current home, click here! More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Worst Dividend Stocks of the Decade * 7 Game-Changing Tech Stocks to Buy Now * 5 Chinese Stocks to Buy for the Big 2020 Rebound The post 3 Big Breakout Stocks to Buy appeared first on InvestorPlace.

  • Benzinga

    Experts React To UK General Election Results

    Investors are reacting positively to Boris Johnson securing his position as prime minister of the U.K. with the Conservative and Unionist Party winning the general election with a thumping majority. The Conservative and Unionist Party won 364 seats which is their largest majority since 1987 and unsurprisingly the UK markets reacted favourably. The pound sterling is up 3 cents at $1.34 and the FTSE 100 was up 1.7%.

  • Barrons.com

    There’s a Trade Deal With China. Here’s Why the Stock Market Isn’t Thrilled.

    The U.S. and China say they have a “phase one” trade agreement, a positive for the global economy. But details were scarce and the deal hasn’t been signed, which means trade issues could continue to rattle markets.

  • What Is the Roth IRA 5-Year Rule?
    Investopedia

    What Is the Roth IRA 5-Year Rule?

    The Roth IRA 5-year rule applies in three situations and dictates whether withdrawals get dinged with penalties.

  • Bloomberg

    A Startup Fired Its CEO for Expensing $76,120 at Strip Clubs

    (Bloomberg) -- Scott Lang, the new chief executive officer of Turvo Inc., wants to emphasize an important corporate policy at his startup: Employees may not entertain clients at strip clubs and certainly not bill those trips to the business. The rule is salient because his predecessor was fired for doing just that.The board accused the co-founder, Eric Gilmore, of expensing $76,120 at strip clubs over a three-year span and removed him as CEO in May, according to legal filings. Gilmore, 39, didn’t deny the accusations, but he sued the company, claiming the board didn’t follow the proper protocol for his termination. Turvo said it did, and they settled in September. Gilmore declined to comment through a spokesman.Lang, a former executive in the energy industry, joined Turvo just before Thanksgiving. The Silicon Valley startup makes software to help companies track the movement of freight and is backed by about $85 million in venture capital. In his first interview since taking the job, Lang said he’s focused on helping the company move past the scandal. When asked about trying to win over prospective clients at stripper joints, he said: “Never have. Never will.”The situation at Turvo, which hasn’t been previously reported, illustrates the steps some boards are taking to quietly address allegations of misconduct before they become public. The MeToo movement has claimed the jobs of many technology executives, such as Kris Duggan of Betterworks Systems Inc. and Andy Rubin of Essential Products Inc., and venture capitalists Justin Caldbeck and Shervin Pishevar. Often, the consequences only arrive after allegations are published in the news.Gilmore, a veteran of Microsoft Corp. and Coupons.com, started Turvo in 2014. Mubadala Investment Co., the Abu Dhabi-based sovereign wealth fund, led a $60 million investment in the Sunnyvale, California-based company last year. Soon after, Gilmore hired a new chief financial officer, who discovered a pattern of unusual charges from the CEO in a review of corporate spending.The stripper-related expenses spanned most of the company’s life, and Gilmore made no attempt to conceal them. Strip clubs represented more than half of the $125,000 in entertainment charges initially flagged by the CFO.At a hastily called meeting in May after the board learned of the expenses, directors from Mubadala and venture capital firms Felicis Ventures and Activant Capital told Gilmore he was out. They demanded he sign a separation agreement. Gilmore declined and argued the process violated company bylaws because the confrontation wasn’t at first presented as a formal board meeting and didn’t adhere to other rules. The board disagreed. Gilmore’s lawsuit over the dispute lasted three months. Terms of the settlement weren’t disclosed.Gilmore remains on the board and is the company’s largest shareholder, according to a person familiar with the matter who wasn’t authorized to discuss it publicly and asked not to be identified. Gilmore’s two co-founders still hold executive roles at Turvo, and there has been no suggestion they misused their expense accounts.The Turvo board selected Lang as the new CEO in the hope he could reinvigorate a company still grappling with a demoralizing situation. Lang, the former CEO of Silver Spring Networks, praised the 200-person team at Turvo for winning several big contracts recently and posting “massive” growth this year. He declined to provide details.To contact the author of this story: Sarah McBride in San Francisco at smcbride24@bloomberg.netTo contact the editor responsible for this story: Mark Milian at mmilian@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Barrons.com

    Here’s Proof That 401(k) Plans Are Not Working for Most Americans

    This article originally appeared on MarketWatch, a sister publication of Barron’s. We publish articles from other Dow Jones sites when we think our readers will enjoy them. Clearly, the country’s in the midst of a savings crisis as families struggle to cover rising home costs, hefty student-loan debt and everything in between. With almost half of all working-age families having zero in retirement savings, the fact that the median family had only $7,800 in these accounts shouldn’t come as a surprise.

  • High-Growth Roku Will Make Excellent Takeover Target
    InvestorPlace

    High-Growth Roku Will Make Excellent Takeover Target

    Roku (NASDAQ:ROKU) has always tried to play a neutral role among a host of empires. The streaming-stick provider sells itself as a Switzerland of streaming, offering whatever you want to watch and adding its own ad-supported streaming service free to the bundle.Source: JHVEPhoto / Shutterstock.com But as "World War Streaming" heats up, this isn't good enough for the big boys. They don't want Roku to talk, they want it to die. Before anyone thinks of bidding for the prize, they want to knock it down and see if it bounces back.So far, it has bounced back. The stock fell from nearly $170 per share to just over $100 during September, then from $148 to $120 in November. But, it opened for trade Dec. 12 at $144.73, with a market capitalization of $16.4 billion on trailing-year revenue of under $1 billion.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Subscriber Numbers CountFor investors, Roku has always been a game of Whose Line is it Anyway, the old game show. Everything's improvised and the numbers don't count.That's because, while Roku is a piece of technology, it's a very cheap one. Streaming dongles cost just $25 or so each. For Roku the key metrics have not been stick sales, but the number of accounts and platform revenue. In the third quarter these came in at 32.3 million and $179.3 million. The latter grew 79% from the previous year. * The 10 Worst Dividend Stocks of the Decade By comparison, Netflix (NASDAQ:NFLX) had 60.6 million paying U.S. members at the end of the third quarter. Amazon (NASDAQ:AMZN) has more than 100 million on its Prime plan, but that's free shipping, not just TV. Cloud companies like Amazon are unlikely bidders, because like Apple (NASDAQ:AAPL), they can build a Roku and its market share. Amazon already has.For all their bluster, AT&T (NYSE:T), Comcast (NASDAQ:CMCSA) and Disney (NYSE:DIS) are so far behind Roku and Netflix as to be out of sight. Disney bragged last month of having 10 million members, after putting Disney+ on sale at $6, and making it part of a bundle with Hulu and ESPN+ at Netflix's price. AT&T's HBO Now has 5 million subscribers. Comcast has yet to launch its free "Peacock" network to its cable subscribers. Who Might BidWhat Roku offers an acquirer is that 30 million membership figure, plus distribution in TV sets by Walmart (NYSE:WMT) and others. Walmart itself shouldn't be discounted as a possible buyer. Its Vudu service has yet to take flight -- it's been negotiating with other services to broker memberships.For any of these big players, Roku would be seat-cushion money at its current market cap. The only big streamer whose value puts it out of the running is ViacomCBS (NASDAQ:VIAC), with a market cap of $23.4 billion. Netflix is worth $130 billion, Comcast $190 billion, AT&T $280 billion and Walmart $339 billion.Roku has never put itself up for auction, but over 60% of the stock is held by institutions. The Bottom Line on RokuThe question, for an investor, becomes one of timing. When do you want to get in, how much loss do you wish to risk and what do you think the winning bid might be? Roku continues to act like a bid is not happening, recently paying $150 million for Dataxu, an advertising sales platform. But that just makes it more attractive.When Roku next reports earnings, analysts expect a loss of 14 cents per share on revenue of $391 million. That would be a doubling of the third quarter's revenue, because heavy sales of Roku-equipped TVs are expected under trees this month.My view on Roku is you buy it as a speculation on growth, but keep it for the inevitable take-out. Whatever its current valuation is where the bidding starts, not where it ends.Dana Blankenhorn is a financial and technology journalist. His latest book is Technology's Big Bang: Yesterday, Today and Tomorrow with Moore's Law , essays on technology available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AAPL and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Worst Dividend Stocks of the Decade * 7 Game-Changing Tech Stocks to Buy Now * 5 Chinese Stocks to Buy for the Big 2020 Rebound The post High-Growth Roku Will Make Excellent Takeover Target appeared first on InvestorPlace.

  • What to Know About REIT Dividends
    U.S.News & World Report

    What to Know About REIT Dividends

    Real estate investment trusts, or REITs, invest in properties, allowing investors to enjoy the benefits of ownership without its associated headaches. "REITs must payout at least 90% of their taxable income to shareholders," says Chris Burbach, co-founder and partner at Phoenix-based Fundamental Income. While earning a dividend payout is tempting, it's not the only reason to consider REIT investing.

  • 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020
    InvestorPlace

    7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020

    Representing one of the oldest vices in human civilization, casinos have always tempted people with their get-rich-quick allure. Naturally, it doesn't take much to interest speculative investors toward casino stocks to buy. However, the impact from the still ongoing U.S.-China trade war has taken the wind out of this sector's international market.Still, multiple reasons exist why 2020 could see a sentiment resurgence in casino stocks. First, gambling experts believe that Macau may enjoy a rebound next year. Although Las Vegas receives the notoriety of the gambling image -- and probably will forever -- Macau is home to the industry's richest hub. Analysts predict that we'll see a return of mass market gambling, which is less directly affected from trade war issues than VIP gamblers.Second, our own economy and labor market is, at least on print, robust. Primarily, consider the November 2019 jobs report, which produced non-farm payrolls of 266,000, far exceeding the 187,000 that economists expected. Combined with near record-low unemployment, theoretically, Americans have both the money and the time (via employee-earned vacation hours) to gamble.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTo add to that point, President Donald Trump's public opinion polls have routinely soured. In order to win reelection, he must implement policies that keep the economy going. Logically, this is a net positive for casino stocks to buy.Finally, the casino industry is building out new projects, particularly in Sin City. For example, the much hyped and highly anticipated Resorts World Las Vegas is still scheduled to open in 2020. Again, this points the needle in a positive direction for the industry. * The 10 Worst Dividend Stocks of the Decade So, if you're ready to roll the dice, here are (lucky) seven casino stocks to buy Casino Stocks to Buy: Las Vegas Sands (LVS)Source: Andy Borysowski / Shutterstock.com When it comes to premium casino stocks to buy, Las Vegas Sands (NYSE:LVS) often tops several lists. With luxurious properties in the major gambling meccas of the world under its belt, LVS stock is an easy buy for those who want serious exposure to this market.To be fair, LVS stock hasn't exactly earned its lofty reputation from its market performance in recent years. For instance, if you compare the trailing five-year period, Las Vegas Sands shares are basically flat. However, I think this is also appealing for those who have a contrarian mindset.Recall above that analysts expect the Macau gambling sector to rebound. If so, this will have a material impact on LVS stock: The underlying company owns several properties there. And while you're waiting for this narrative to play out, LVS offers a generous 4.7% dividend yield. MGM Growth Properties (MGP)Source: Jason Patrick Ross / Shutterstock.com Levered to one of the most powerful names in entertainment, MGM Growth Properties (NYSE:MGP) offers unique gambling exposure to investors. First, MGP stock provides investors with equity against a broad sector footprint. Although obviously geared toward Las Vegas, MGM Growth Properties also has assets in Atlantic City, as well as in states such as Michigan and Mississippi.Second, MGP stock separates itself from other major casino stocks to buy because it's a real estate investment trust. As a REIT, MGM Growth Properties must pay out most of its taxable income as a dividend to shareholders. Currently, it pays out a very handsome yield of 6.3%. * 4 Beaten-Up Pot Stocks Worth Considering in 2020 Finally, MGP stock has steadily moved higher this year. If we see a resurgence among casino stocks as analysts forecast, expect shares to have a little more pep. Golden Entertainment (GDEN)Source: chara_stagram / Shutterstock.com Standing out in Las Vegas is an impossible task. With an endless supply of garish displays, you'd have to be over the top to be conspicuous there. Naturally, you can multiply that sentiment five-fold for casino stocks to buy. However, Golden Entertainment (NASDAQ:GDEN) has one asset that tops the rest, literally: The Strat Hotel.Housing this remarkable hotel is the building known as the Stratosphere Tower. Not only does it dominate the Las Vegas skyline -- sorry Mr. President -- the Stratosphere is the tallest freestanding observation tower in the U.S. This adds another reason to visit Las Vegas besides gambling -- and something else. As a family friendly asset, the Stratosphere offers lucrative opportunities for GDEN stock.With renovations of the building nearing completion, GDEN stock should indeed see a revenue boost. However, do note the one bummer impacting shares: As of this writing, they don't offer passive income. Century Casinos (CNTY)Source: Pavel Kapysh / Shutterstock.com As you probably know, casino stocks represent an extremely competitive business. Realistically, though, this segment offers much room for industry players, especially if they're outside the typical Vegas fare. Should sentiment resume in this market next year, Century Casinos (NASDAQ:CNTY) and CNTY stock facilitate an interesting take.Miles away from the gaudy lights of Sin City, you'll find Century assets in states such as Colorado. Furthermore, CNTY stock offers international exposure, such as in the Canadian gambling market as well as in Europe.One of the reasons that CNTY stock piqued my curiosity is its Casinos Poland asset. I'm not Polish, and I don't pretend to be Polish on TV. However, Poland is one of the underappreciated economic gems in Europe. According to some expert views, the central European nation is enjoying an economic golden age. * 10 Best-Performing Growth Stocks of the 2010s If you like smart contrarian plays, keep CNTY stock on your shopping list. Penn National Gaming (PENN)Source: Jeffrey J Coleman / Shutterstock.com If casino stocks are supposed to enjoy a resounding year of profitability in 2020, Penn National Gaming (NASDAQ:PENN) got the memo early. On a year-to-date basis, PENN stock is up 31%. While that doesn't sound like much compared to other high-flying investments, consider this: Basically, all these gains came in the second half of this year and specifically in the last three months.Naturally, investors may question whether PENN stock still has room to run. After all, many enticing casino stocks to buy are still comparatively undervalued in the technical charts. Admittedly, I don't like buying into momentum. However, Penn National Gaming offers a possible hedge in this sometimes wild industry. Here's what I'm talking about.As a regional gaming operator, the company doesn't have the big bills associated with international casinos. Therefore, PENN stock limits its geopolitical risk, especially if the trade war talks go awry.That said, like Century Casinos above, Penn National currently doesn't pay passive income. Thus, it's all about the capital returns. Scientific Games (SGMS)Source: Maridav/Shutterstock Another distinct play on casino stocks to buy, Scientific Games (NASDAQ:SGMS) plays an ancillary but critical role in the industry. As the name suggests, Scientific Games is an expert in the science of providing gambling machines and services. Therefore, SGMS stock also acts as a hedge in that it doesn't have the overhead of premium properties.Still, don't confuse SGMS stock as a minor player in the gaming industry. Although headquartered in Las Vegas, the company has offices on six continents. For this market's alpha dogs, Scientific Games is a very well-known commodity. * 7 Entertainment Stocks to Buy to Escape Holiday Blues Thus, I'm not surprised that SGMS stock has enjoyed a resurgence in bullish sentiment. On a year-to-date basis, shares are up over 54%. I don't care what sector you're looking at: This is a fantastic return. And if worldwide gambling takes off in 2020 like experts predict, you'll want exposure to this name. William Hill (WIMHF)Source: Mick Atkins / Shutterstock.com As a bookmaker, William Hill (OTCMKTS:WIMHF) technically doesn't belong in a list of casino stocks to buy. Nevertheless, the storied company has invested heavily in the mobile gaming app business. Furthermore, William Hill has greatly expanded its footprint in the U.S. over the years. Thus, WIMHF stock benefits from essentially bringing the casino to you.On the surface, this sounds great. However, as an over-the-counter equity, WIMHF stock is an extremely speculative bet. With a share price a little above $2, it's really flirting with penny stock status. And over the last five years, shares have declined over 62%.However, WIMHF stock is levered to one of the most recognized brands in international betting. And since the global market is apparently due for a rebound, William Hill might receive some love. As a further temptation, consider its 5.5% dividend yield.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best-Performing Growth Stocks of the 2010s * 10 Stocks With Little or No Debt to Own for the Next 50 Years * 5 Restaurant Stocks Dominating Holiday Season Foot Traffic The post 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020 appeared first on InvestorPlace.

  • Credit Windfall Spurs Interest in Cheap CLOs
    Bloomberg

    Credit Windfall Spurs Interest in Cheap CLOs

    Dec.12 -- Owning high-grade corporate credit was one of the best trades of 2019, but some market watchers say it might be time to start looking elsewhere to lock in juicy yields. Bloomberg's Claire Boston reports on "Bloomberg Markets."