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September 01, 2020 10:18am
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Take These 104% Profits If You Got ‘Em

Let’s book these 104% profits today. We’ll sell this winner and then consider a 9.3% dividend that could really soar in 2023. It couldn’t be any cheaper, either—this high-quality fund is trading at a 17% discount to fair value! But wait, there’s more in the bargain bin. I’ll also share a 5.9% payer that is, likewise, trading for just 83 cents on the dollar—also 17% off! More on these incredibly cheap dividends in a moment. First, the winner. Remember when we “pounded the table” on Exxon Mobil (XOM) in April 2021 ? We were right. The then-6.1% payer was too cheap!… Read more
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