HTE is under a lot of sell pressure, unfortunately. But it is also getting more attractive at the lower prices since the P/E comes down. I'd definitely buy more. Why? Oil prices cannot, I repeat, cannot stay under $50 for long. I see a rebound in oil in a few months. There is something fishy going on with Oil swapping in the SPR. Which means, govt. is swapping higher quality oil for lower quality oil, and selling the higher quality oil and flooding the market, thus depressing oil prices, yet keeping the inventories at almost the same level with the swapped oil.
Eight Monthly High-Yield Dividend Stocks [View article]