Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

Ep. 490: Frankly Speaking: Capital gains are overrated

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Welcome back to another episode of Frankly Speaking!   Today's first question covers a stock I recommended over a year ago - Universal Corp (UVV).    This is a type of stock that is the complete opposite of any mining company I've ever mentioned. It's what I like to call an "elite dividend payer."   Most "elite dividend payers" are companies you'll never hear about. These are companies that have plenty of cash flow... they're not exiciting... and they don't plan on raising cash anytime soon.   Wall Street loves to rave on and on about a stocks capital gains but never the other crucial part of the formula - the dividend yield.   Over time, as these companies continue to raise their dividend, investors can make a fortune.   Then, there are some stocks you should never ever short or bet against. And believe it or not.. Tesla (TSLA) is one of them.    The company has a lot of work to do to live up to their valuations... and although the fundamentals scream its a sure short... Investors need to be very careful her