Streetbeat News

Assets

HYB

HYB is converting to an ETF in February 2025, eliminating leverage and the discount to NAV, which removes the arbitrage opportunity. With credit spreads at historic lows, the current 5.7% yield is unattractive, increasing downside risk. Structural changes will involve asset sales to repay borrowings, potentially altering the portfolio significantly post-conversion.

Portfolio Pulse from

December 14, 2024 | 6:00 pm

OXLC

Oxford Lane Capital's 2029 term preferred shares offer an 8.1% yield to maturity. The company's strong net investment income and strategy of issuing new common shares enhance its financial stability and asset coverage ratio.

Portfolio Pulse from

December 14, 2024 | 5:00 pm

BTAL

The S&P 500's significant growth over the past five years has led to concerns about a market top, prompting the need for portfolio hedging. Traditional bonds have been less effective due to rising interest rates, making alternatives like CTA's managed futures and BTAL's market hedge attractive options for reducing portfolio volatility and enhancing risk-adjusted returns.

Portfolio Pulse from

December 14, 2024 | 5:00 pm

NNOMF

Nano One Materials Corp has secured $18 million in funding from the government of Quebec, complementing a previous $18 million investment from the US Department of Defense. This financial boost is a significant milestone for the company.

Portfolio Pulse from

December 14, 2024 | 4:45 pm

ADC

The article discusses the author's experiences and regrets in investing in Real Estate Investment Trusts (REITs), highlighting lessons learned over time. It mentions ADC as a potential example.

Portfolio Pulse from

December 14, 2024 | 2:15 pm

CRDF

RC

UI

The 'Undercovered' Dozen series highlights lesser-covered stocks, offering fresh investment ideas. Ubiquiti Inc. shows promise with operational improvements, Ready Capital Corporation faces liquidity risks, and Cardiff Oncology's promising trial data presents a compelling buy opportunity.

Portfolio Pulse from

December 14, 2024 | 2:15 pm

BRK.A

The article discusses the potential of investing in stocks owned by Berkshire Hathaway, the conglomerate led by Warren Buffett. It suggests that investors should consider these stocks for potential buying opportunities.

Portfolio Pulse from

December 14, 2024 | 1:45 pm

RKLB

SpaceX is reportedly conducting a private auction of employee shares at a $350 billion valuation. Meanwhile, Rocket Lab USA (NASDAQ: RKLB) has seen its shares rise by 370% over the past year.

Portfolio Pulse from

December 14, 2024 | 1:30 pm

AAAU

The article discusses the impressive rise in cryptocurrencies and gold, highlighting that both bitcoin and gold have reached their highest levels on record. It suggests that both assets could be beneficial additions to a portfolio in 2025.

Portfolio Pulse from

December 14, 2024 | 12:45 pm

DJD

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) is not ideal for growth heading into 2025 due to its focus on high-yielding Dow stocks with limited growth momentum. Despite an attractive valuation, its PEG ratio suggests limited growth-adjusted value.

Portfolio Pulse from

December 14, 2024 | 12:45 pm