Leading Bond Short Flips: Buy These High-Yield Aristocrats Hand Over Fist

Oct. 24, 2023 6:35 AM ET, , , 8 Comments

Summary

  • A leading bond short just closed his position, as he saw the risk-reward for shorting bonds as no longer being favorable.
  • This is a bullish indicator for high yield defensive stocks.
  • We share some of the most attractively priced high yield dividend aristocrats to buy today.
  • Looking for a portfolio of ideas like this one? Members of High Yield Investor get exclusive access to our subscriber-only portfolios. Learn More »

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Bryan Bedder

Billionaire investor Bill Ackman just announced that he has closed his short position on bonds (BND)(TLT)(HYG), citing the abundance of macro risks as his reason for closing out his position. In our

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This article was written by

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Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in Civil Engineering & Mathematics from the United States Military Academy at West Point and has a Masters in Engineering with a focus on applied mathematics and machine learning. Samuel leads the High Yield Investor investing group. Samuel teams up with Jussi Askola and Paul R. Drake where they focus on finding the right balance between safety, growth, yield, and value. High Yield Investor offers real-money core, retirement, and international portfolios. The services also features regular trade alerts, educational content, and an active chat room of like minded investors.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of NEP, O either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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