When it looks too cheap……(stocks)
The following article is by Bennet Sedacca of Atlantic Advisors in Winterpark Florida. Some companies within the banking sector have been beaten up to the point of attractive yields. However, those yields are only attractive if the entity is around to pay them. Just as I believe there is a place for direct commodity investment in one’s portfolio, so too is there a aproper allocation to dividend yielding stocks. The point is a stock that has declined from $70 to $15 is no better a deal than a barrell of oil declining from $145 to $110 if the fundamentals call for …