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IIPR

Innovative Industrial Properties (IIPR) experienced a significant stock price drop due to a default by its largest tenant. The stock now yields 11%, and preferred shares yield over 9%. The article discusses the safety of these investments and highlights bonds with an 8.1% yield to maturity as a safer option.

Portfolio Pulse from

December 26, 2024 | 11:15 pm

PFLT

PennantPark Floating Rate Capital Ltd. has increased its credit facility to $736 million, maintaining the same pricing terms.

Portfolio Pulse from

December 26, 2024 | 9:15 pm

ARE

Alexandria Real Estate Equities, Inc. (ARE) is supported by its premium Class A/A+ properties, strategic acquisitions, and a strong balance sheet. However, its significant development pipeline and rising interest expenses are potential concerns for investors.

Portfolio Pulse from

December 26, 2024 | 3:30 pm

ABBV

AMGN

BMY

GILD

MRK

PFE

PJP

The article highlights concentration risks for major constituents of the Invesco Pharmaceuticals ETF (PJP), including Pfizer, Amgen, Gilead Sciences, AbbVie, Bristol-Myers Squibb, and Merck & Co. It discusses geographic and product-related risks, potential impacts of RFK Jr.'s confirmation as Secretary of HHS, and dependence on vaccine sales.

Portfolio Pulse from

December 26, 2024 | 2:45 pm

NWBO

Northwest Biotherapeutics has secured a $5 million convertible note financing and a standby facility for up to $50 million in additional financing to support its development of DCVax® personalized immune therapies for solid tumor cancers.

Portfolio Pulse from

December 26, 2024 | 2:45 pm

ADC

Real estate investment trusts (REITs) have been less popular on Wall Street due to interest rate volatility, which raises financing costs for these companies.

Portfolio Pulse from

December 26, 2024 | 9:30 am

CRARY

Credit Agricole is highlighted as an attractive investment due to its strong fundamentals, including an 8%+ yield, A+ credit rating, and impressive earnings growth. Despite recent declines, its valuation suggests a potential 16-19% annualized return, supporting a 'Buy' rating.

Portfolio Pulse from

December 26, 2024 | 4:45 am

NNN

NNN REIT's recent share price decline, influenced by broader REIT market weakness and tenant-specific concerns, presents a buy-the-dip opportunity. The company boasts strong fundamentals, a 5.7% dividend yield, high occupancy, and a disciplined capital recycling strategy. Its robust balance sheet, BBB+ credit rating, and conservative payout ratio enhance its resilience against economic challenges.

Portfolio Pulse from

December 25, 2024 | 2:15 pm

ARCC

The Federal Reserve's plan to cut overnight rates in 2025 could negatively impact Ares Capital's dividend payouts due to lower interest income. However, Ares Capital has strong core earnings, a leverage ratio of 1.03, and a cushion with over a dollar in unpaid earnings.

Portfolio Pulse from

December 25, 2024 | 1:00 pm

AXP

American Express reported strong Q3'24 results with revenue growth driven by increased spending, higher net interest income, and international expansion, particularly among Millennials and Gen-Z. The company maintains strong credit quality and has raised its EPS guidance, indicating confidence in future growth.

Portfolio Pulse from

December 25, 2024 | 11:00 am