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David Alton Clark  

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  • AT&T: A Golden Dividend Opportunity Is Never Offered Twice
    Jun. 3, 2014 T 74 Comments

    Summary

    • AT&T now has the highest dividend yield of all the DOW Blue Chip stocks and is presently trading at a discount to its peers and the industry.
    • The downtrend in the stock has reversed marked by the golden cross. This has created a buying opportunity. The company has several catalysts which should spur the stock higher.
    • Dividend investors should strike while the iron is hot. AT&T is a model stock for income investors providing both a 5% yield and the potential for capital gains.
  • General Electric: The Good, The Bad And The Ugly Truth
    Editors' Pick • Jun. 1, 2014 GE 70 Comments

    Summary

    • There are numerous positive and negative developments with regard to the current state of affairs for General Electric.
    • This has caused a tremendous debate to ensue regarding the company's future.
    • I have employed the use of Benjamin Franklin's famed decision-making technique to analyze the current state of affairs to come to a conclusion.
  • Bank Of America: About To Pull A Rabbit Out Of Its Hat?
    Jun. 1, 2014 BAC 46 Comments

    Summary

    • I have been pounding the table as of late stating that the positives far outweigh the negatives regarding the bank’s future prospects.
    • Nonetheless, I have encountered significant resistance to my assertions and been ridiculed for being a “permabull” regarding the stock. This couldn't be further from the truth.
    • My latest intuition tells me Bank of America is about to pull the proverbial ‘rabbit ‘out of its hat and on the cusp of a substantial rally. Several key indicators.
  • Kinder Morgan: About To Pull A Rabbit Out Of Its Hat?
    May. 30, 2014 KMI, KMP 127 Comments

    Summary

    • Buried deep within a response the company filed with regulators this month was a design for the company’s plan to expand the Trans Mountain pipeline.
    • The expansion would increase capacity making room for another additional 240,000 barrels per day throughput of the Edmonton-to-Vancouver oil transportation pipeline.
    • This is one piece of the puzzle regarding a $5.4 billion plan to increase capacity of the Northwestern oil pipeline to 890,000 barrels per day throughput from 300,000.
    • Nonetheless, the project is not without its detractors and obstacles. A significant amount of local opposition is mounting.
  • General Electric Has Bigger Fish To Fry
    May. 28, 2014 GE 28 Comments

    Summary

    • There has been a tremendous amount of hype recently regarding General Electric’s pursuit of the French company Alstom’s assets.
    • So much so, the magnitude of the Alstom deal’s influence on General Electric’s bottom line has been blown out of proportion.
    • Whether General Electric seals the deal for Alstom’s assets or not, it’s a win-win for current shareholders and this article reveals the reasons why.
  • Kinder Morgan: Deconstructing The Pros And Cons
    May. 27, 2014 KMI 25 Comments

    Summary

    • Kinder Morgan, a sponsored governance model MLP, is a complex and multi-faceted investment vehicle.
    • Many highly sophisticated investors are even baffled by the nuances and tax implications of an investment in Kinder Morgan.
    • This has led to much debate regarding the benefits and drawbacks of making an investment in Kinder Morgan.
    • This article will endeavor to crystallize the pros and cons of making an investment in Kinder Morgan.
  • Bank Of America: The Good, The Bad, And The Ugly Truth
    Editors' Pick • May. 25, 2014 BAC 58 Comments

    Summary

    • There are numerous positives and negatives in regards to the current state of affairs for Bank of America.
    • This has caused a tremendous debate to ensue regarding the bank's future.
    • I have employed the use of Benjamin Franklin's famed decision-making technique to analyze the current state of affairs and come to a conclusion.
  • Kinder Morgan Has An Ace In The Hole
    Editors' Pick • May. 24, 2014 KMI 137 Comments

    Summary

    • There has been significant controversy regarding Kinder Morgan’s Sponsored MLP governance model.
    • The crux of the concern is the Sponsored MLP governance model requires 50% of distributable cash flow to be delivered to KMI via IDRs.
    • Some have suggested that Kinder Morgan should do away with the need for IDRs and restructure itself to emulate the Enterprise Products Partners L.P. model.
    • Restructuring Kinder Morgan’s current Sponsored MLP governance model to emulate Enterprise Products Partners’ model sounds good, but there is one big catch.
  • Bank Of America: Don't Be Bamboozled, Plenty Of Meat Left On This Bone
    May. 23, 2014 BAC 22 Comments

    Summary

    • Bank of America has had everything and the kitchen sink thrown at it over the past month.
    • The stock has been in a downtrend as of late and is now just 20% above its 52 week low, yet signs of a bottom have materialized.
    • The relative strength the stock has shown in the face of these polemical points of view is telling of a turnaround.
    • With the bank trading at historic lows and a substantial discount to book value, the margin of safety regarding starting a position at this time is favorable.
  • General Electric's Grand Illusion
    May. 23, 2014 GE 56 Comments

    Summary

    • The Alstom deal has grinded to a halt and remains mired in controversy as France awaits a bid from Germany's Siemens regarding the purchase of Alstom.
    • General Electric says it has agreed to extend its bid for Alstom's power business until June 23rd from June 2nd at the request of the French government.
    • The French government has offered significant resistance to General Electric's proposal. General Electric says it is moving the deadline to "facilitate ongoing discussions with the government."
    • At this point, it seems France would rather surrender Alstom's assets to Siemens for a discount, than accept General Electric's bid with recently added sweeteners.
  • Kinder Morgan: Be Careful What You Wish For
    May. 22, 2014 KMI 104 Comments

    Summary

    • There has been significant controversy regarding Kinder Morgan’s Sponsored MLP governance model.
    • The crux of the concern is the Sponsored MLP governance model requires 50% of distributable cash flow to be delivered to KMI via IDRs.
    • Some have suggested that Kinder Morgan should do away with the need for IDRs and restructure itself to emulate the Linn Energy model.
    • After an in-depth review of the facts, restructuring Kinder Morgan’s current Sponsored MLP governance model to a Limited Liability Company is not warranted or prudent.
  • Kinder Morgan: The Good, The Bad And The Ugly Truth
    Editors' Pick • May. 21, 2014 KMI 85 Comments

    Summary

    • A tremendous amount of controversy and criticism regarding the structure of Kinder Morgan's general partner and limited partners’ relationship have reached a fever pitch.
    • The issue some believe is the general partner, KMI, uses incentive distribution rights, or IDRs, to unfairly siphon distributable cash flow from the company’s limited partner.
    • The numbers tell a different story. KMI has identified capital expansion opportunities for KMP which have increased distributions from $70 million to over $4 billion over the last 16 years.
  • ConocoPhillips: An Income Production And Capital Gains Opportunity Materializes
    May. 20, 2014 COP 24 Comments

    Summary

    • ConocoPhillips stock has been on a tear as of late.
    • Nonetheless, the run in the stock may not be done based on an array of positive catalysts going forward.
    • The stock is an excellent total return play for dividend investors based on the potential for both capital appreciation and income production.
  • Kinder Morgan: This High Dividend Yield Juggernaut Is Poised For Growth
    Editors' Pick • May. 19, 2014 KMI 48 Comments

    Summary

    • Kinder Morgan has delivered consistent annualized distribution growth for nearly 20 years.
    • Kinder Morgan has the potential for remarkable organic growth due to a profound revitalization of North American oil and gas production.
    • Kinder Morgan appears well positioned to provide dividend investors with an opportunity for both capital appreciation and income production. Nevertheless, downside risks are present.
    • Based on an in-depth analysis of current positive catalysts and potential downside risks the risk/reward equation appears favorable.
  • Bank Of America: Buying Opportunities And Bad News Go Hand In Hand
    May. 17, 2014 BAC 23 Comments

    Summary

    • There is no doubt Bank of America has had its fair share of bad news as of late.
    • The stock is down 20% in a few short weeks based on negative developments.
    • The fact the bad news is primarily associated with the past, transitory in nature and not related to the bank’s core fundamentals has created an excellent buying opportunity.
    • Presently, a significant margin of safety exists for long-term investors looking for a value.
  • General Electric: The Best Investment Is Often The One You Don't Make
    Editors' Pick • May. 17, 2014 GE 119 Comments

    Summary

    • The French government late Wednesday issued a decree giving itself the power to block the Alstom deal.
    • News just hit the wires Friday General Electric is sending a top executive to Paris to save the deal.
    • At this point, I have turned sour on the deal. I see a quagmire in the making. Even so, General Electric still remains in the power position.
    • Deal or no deal, I submit General Electric is a buy for a multitude of reasons.
  • Apple: The Best Of Both Worlds Awaits Savvy Investors
    May. 16, 2014 AAPL 37 Comments

    Summary

    • Apple is making all the right moves to increase shareholder wealth.
    • Several recent catalysts and developments bode well for price appreciation.
    • The stock provides an excellent total return play opportunity for dividend investors.
    • The stock is currently undervalued, technically sound and provides an opportunity for both capital appreciation and income production.
  • Bank Of America: The Crowd Is Dead Wrong
    May. 15, 2014 BAC 104 Comments

    Summary

    • The chorus of negative articles, news and downgrades regarding Bank of America has reached epic proportions.
    • I surmise the weak hands have folded at this point with the stock down substantially and trading just above long-term support.
    • Bank of America is massively oversold, vastly undervalued and several catalysts for upside have emerged.
  • AT&T: You Ain't Seen Nothing Yet
    May. 14, 2014 T 52 Comments

    Summary

    • AT&T is making all the right moves to increase shareholder wealth.
    • The rumored DirecTV purchase has many positives, yet negatives do exist.
    • The stock is a buy for dividend investors due to substantial upside potential providing the opportunity for capital appreciation.
    • The stock appears undervalued versus peers and the industry.
  • Facebook: There's A Zucker Born Every Minute
    May. 14, 2014 FB 39 Comments

    Summary

    • Facebook shares have taken a beating as of late along with a majority of the rest of the high flying momentum cohort.
    • Facebook may be the instrument of its own destruction by using stock rather than cash to acquire other companies.
    • According to a recent report Facebook’s active users have dropped just as the company moved into heavy monetization mode.
    • I submit the recent spending spree combined with a significant ratcheting up of monetization and insider selling signals the beginning of the end for Facebook.
  • Bank Of America: Don't Be Fooled By The Negative Noise
    May. 13, 2014 BAC 21 Comments

    Summary

    • The wall of worry regarding Bank of America’s stock continues to grow.
    • Downgrades and a myriad of negative articles were posted Monday and over the past week.
    • The stock has reached oversold status in the face of the extreme negativity.
    • The fact the stock was up Monday in the face of such pessimism is a testament to the stock’s undervalued nature.
  • Anheuser-Busch InBev: A High Dividend Yield Buying Opportunity Presents Itself
    May. 13, 2014 BUD 26 Comments

    Summary

    • Anheuser-Busch InBev delivered strong earnings results.
    • InBev delivered solid volume performance in the company’s top four markets. This performance coupled with robust revenue per hectoliter led to strong top-line growth.
    • Capital appreciation will be driven by an improving global economy and $4 billion in capital expenditures in support of brands.
    • A company offering the opportunity for capital appreciation and high dividend yield growth is a rare find.
  • Kinder Morgan: Seeing The Forest Through The Trees
    May. 11, 2014 KMI 25 Comments

    Summary

    • Kinder Morgan is well positioned to benefit from a North American oil and gas renaissance.
    • A recent public relations blunder has masked the company’s evident upside potential.
    • This has created a major buying opportunity for dividend investors on the hunt for capital appreciation and income production.
  • General Electric: Panoply Of Positives Loom For Dividend Investors
    May. 10, 2014 GE 21 Comments

    Summary

    • General Electric is making all the right moves to increase shareholder wealth.
    • Several recent catalysts and developments bode well for price appreciation.
    • The stock is a great buy for dividend investors due to substantial upside potential.
    • The stock is currently undervalued on a relative basis and technically sound.
  • SandRidge Energy: You Ain't Seen Nothing Yet
    May. 9, 2014 SD 12 Comments

    Summary

    • SandRidge Energy just reported its third straight earnings beat.
    • Fundamentals are improving and forward guidance was raised.
    • The stock has significant upside based on a net asset value basis and future EPS growth estimates.
    • The current geopolitical and macroeconomic environment is highly favorable for domestic energy stocks.
  • Bank Of America: The Downgrade Makes No Sense
    May. 9, 2014 BAC 24 Comments

    Summary

    • CLSA analyst Mike Mayo downgraded Bank of America based on observations at the bank’s recent Annual Meeting.
    • The downgrade seems suspect based on the timing and current information available.
    • Several positive fundamental developments were discussed at the meeting.
    • I propose Bank of America is currently a buying opportunity.
  • Bank Of America: Top 3 Annual Meeting Takeaways
    May. 7, 2014 BAC 37 Comments

    Summary

    • Bank of America held the company’s Annual meeting for shareholders Wednesday.
    • Three major positives regarding the bank’s future prospects were discussed.
    • The recent selloff appears excessive when considering the big picture for the bank.
  • Silver Wheaton: A Diamond In The Rough
    May. 7, 2014 SLW 28 Comments

    Summary

    • Silver and gold are trading at multi-year lows along with Silver Wheaton’s stock.
    • Even so, Silver Wheaton is well positioned for the future.
    • The market appears to be shifting into risk off mode in recent weeks.
    • You have to buy low to sell high.
  • Ford: Opportunity Knocks For Dividend Investors
    May. 7, 2014 F 30 Comments

    Summary

    • Current initiatives underway will pressure profits in the near term.
    • Even so, its looks like Ford may be back on track by the end of the year.
    • Ford has solid fundamentals and appears undervalued currently.
    • This has created an excellent opportunity for dividend investors to capture both capital gains and income production.
  • Bank Of America: Always Darkest Before The Dawn
    May. 6, 2014 BAC 51 Comments

    Summary

    • Bank of America’s stock has been eviscerated over the past month.
    • Recent developments have occurred that may remedy the bank's woes in short order.
    • This has created a major buying opportunity in the stock.
  • General Electric's Bold Moves Bode Well For Dividend Investors
    May. 1, 2014 GE 33 Comments

    Summary

    • There are three major positive outcomes from the Alstom deal.
    • These developments augur well for capital appreciation.
    • The increase in share price and profitability bodes well for dividend growth and safety.
    • The stock is currently undervalued and the potential upside is not priced in.
  • Verizon: A Silver Lining Lies Ahead For Dividend Investors
    May. 1, 2014 VZ 15 Comments

    Summary

    • Verizon is well positioned to benefit from the internet streaming boom.
    • The company is making all the right moves to create value.
    • The company is focused on return of capital to shareholders with a robust dividend.
    • Verizon appearing fundamentally undervalued on a relative basis.