Rocky’s Weekly Stock Picks

This week we’ve got a legal holiday, President’s Day.

Does this make much of a difference? Well, kind of. DraftKings (DKNG) closed at $20.50. If you’ve got covered calls on DKNG, hopefully you didn’t get assigned this past week. Or maybe you did, and that was part of the plan all along.

1. CGIUF - $0.214/share, this OTC Pink-sheet SIngapore-based REIT is kicking back over 10%. It’s profile name is ESR-Logos REIT. What a great name.
   
   We may have missed the gravy train back in August with a quadruple payout, or maybe it’s just how they roll. Either way, the next ex-div is 2/23.
   

2. GOGL - $9.37/share, 8.54% annualized return, ex-div 2/27. This shipping stock pays out quarterly, sometimes with multiple distributions.
   

   Last week, the company acquired six Newcastlemax vessels. New Castle Max. It sounds great and is fun to say.
   
   We like this stock for two reasons (well, and others, but anyway)
   
   1. It’s shipping stuff. Last I checked, the kind of people who need stuff shipped includes literally everyone on Earth.
   
   2. Sea-faring vessels aren’t cheap, particularly those capable of transporting bulk freight. Or is it just cargo because ships? Whatever, doesn’t matter. The company is expanding. Expanding in this economy. That’s what success looks like, folks.
   

3. HGTXU - $1.51/share, Houghton Royalty Trust is a subsidiary of Exxon Mobil Corporation. Its properties are gas-producing properties located in the Hugoton area of Oklahoma and Kansas, the Anadarko Basin of Oklahoma and the Green River Basin of Wyoming. XTO Energy operates approximately 95% of the properties. 36.5% annualized, ex-div 2/27, distributions paid somewhat irregularly. Call it Quarterly+.

   This is stock is OTCQB, which basically means it has all the benefits of high-risk OTC’s with the implied safety of a NASDAQ-listed security. Plus, it’s oil and gas. We can’t get enough of that sweet, sweet, crude - however we can get our hands on it.
   
   Partnernships, trusts, units, futures…doesn’t matter. If it's energy and it distributes, we’re a strong Buy.
   

   If you don’t know how we feel about oil and gas…now you know….nigga!
   

4. CAFRX - $7.58/share, this mutual fund invests in Africa. Don’t worry, not directly. Calm down. It invests primarily in ADRs, GDRs, and EDRs. (ADR = American Depository Receipt, allowing you to buy shares of foreign stock without dealing with the hassle of actually buying foreign stock). G = global, E = European.
   
   Now, we’re a bit put-off by this ‘global’ non-sense, but then again, there aren’t many ways to invest in Africa and make a profit.
   

   We’ve been reinvesting regularly into Commonwealth Africa Fund for some time now, and were recently vindicated when we found out that there’s going to be fresh American investment into Africa.

   There is something a bit sketchy about the fact that nobody ever talks about which African countries they’re referring to when they say “Africa”, but we’re just going to assume it means nobody cares about African governments. Just African resources.
   

   Don’t hate the player, hate the game. Buy.
   

5. AFK - $16.61/share, this ETF shows a return of around 3.47%. Year-to-date yield is -18%. VanEck Africa Index ETF is what we’re dealing with here. When it comes to Africa, we definitely want to look for those downturns before we buy in. -18% is pretty substantial, and we’re feeling bullish on the great continent of Africa at the moment.

   Plus, VanEck is a pretty solid company. We’re not sure where they sit on how evil they are, but the ticker symbol is fantastic.

   AFK. Come on now, what’s not to love?

We don’t make much distinction between NAV and Market for ETFs, because we don’t really care. While one might argue that we’re “mishandling” our ETFs, or perhaps leaving money on the table, we’ve done pretty decent on our buy/hold ETF picks, so….gonna keep doing it.

It’s sort of hard to lose out too much on a diversified buy/hold portfolio, though. Fractional reserve banking pretty much ensures a nominal profit over time. That doesn’t make it “the best” strategy, but it does make it “best for us”. Your mileage may vary, and we urge you to adjust our picks to suit your own needs within appropriate risk management parameters.