Streetbeat News

Credit Ratings

PAAA

PAAA is a new ETF focused on AAA-rated CLOs, offering a 5.9% yield with zero default rates. Despite potential Fed rate cuts, its yield is expected to remain competitive, trading at a 1.0% - 1.5% spread to t-bill rates.

Portfolio Pulse from

January 18, 2025 | 7:15 am

IGT

International Game Technology PLC (IGT) has maintained its highest MSCI ESG rating of AAA for the second consecutive year, highlighting its leadership in sustainability and effective management of ESG-related risks and opportunities.

Portfolio Pulse from

January 16, 2025 | 12:00 pm

EVSM

Municipal bonds had a strong performance in 2024, and their credit quality remains robust. The outlook for 2025 is positive, but it's uncertain how they will compare to other fixed income categories.

Portfolio Pulse from

January 15, 2025 | 11:15 pm

EVSM

Municipal bonds had a strong performance in 2024, and their credit quality remains robust. The outlook for 2025 is positive, but it's uncertain how they will compare to other fixed income categories.

Portfolio Pulse from

January 15, 2025 | 11:00 pm

AVB

California REITs have received rating upgrades following the recent wildfires, indicating improved performance expectations. This development is significant for investors in these real estate investment trusts.

Portfolio Pulse from

January 15, 2025 | 5:45 pm

MSFT

The article discusses the author's decision to sell BTI shares and invest in Microsoft, highlighting Microsoft's AAA rating, founder involvement, high gross margins, and strong revenue growth. The author's purchase was influenced by Microsoft's Owner's Yield of 5.9%, driven by Azure and Co-Pilot growth.

Portfolio Pulse from

January 15, 2025 | 2:30 pm

AAAU

AngloGold Ashanti has been rated a buy following its acquisition of Centamin, which is expected to boost its mine production capabilities. The company also has other projects in the pipeline and maintains stable credit ratings from major agencies.

Portfolio Pulse from

January 15, 2025 | 11:30 am

ACRE

Ares Commercial Real Estate (ACRE) faces challenges due to its exposure to distressed asset classes like office, multifamily, and hotels. Rising delinquencies and increasing credit loss reserves suggest ongoing struggles, justifying a Sell rating.

Portfolio Pulse from

January 14, 2025 | 2:00 pm

V

Visa is highlighted as a top dividend growth stock, having exceeded analyst estimates for net revenue and adjusted diluted EPS in fiscal Q4. It is on track to become a Dividend Aristocrat and holds an AA- credit rating from S&P.

Portfolio Pulse from

January 14, 2025 | 12:15 pm

NSANY

S&P Global Ratings has revised Nissan Motor's credit outlook to negative from stable, while affirming its BB+ rating. This change reflects expectations that Nissan will take longer to improve its business performance.

Portfolio Pulse from

January 14, 2025 | 9:00 am