Rocky’s Weekly Stock Picks

This week we see the markets closed on Monday, because Christmas.

A handful of stocks were trading lower than our entry point, which we always like to see. Another handful have gained in value by double digits since we entered. Good stuff.

Our focus this week? Low-hanging fruit. Let’s go!

1. GOOD - $13.07/share, ex-div around the 15th of each month, annualized at 9.23%. What’s not to love about a REIT named GOOD?
   
   

2. UPST - $44.16/share, options trade weekly. No dividends….yet. We got in on this stock when the price was under $20! We feel now is a good time to add a few extra shares, and maybe in a year or two we’ll see dividends start.
   
   This company has done surprisingly well in the arena of being an online creditor.
   
   

3. T - $16.55/share, options trade weekly, quarterly dividends annualized at 6.7%, ex-div 1/9. The price is slowly climbing back upwards, so there’s really no reason not to increase holdings here.
   
   

4. ET - $13.76/share, quarterly distributions annualized at 9.06%, next ex-div TBA. This is an energy PTP, which means you’ll be getting a K-1. On the plus side, they won’t generate a tax obligation in California.
   
   California is the worst. Did you know that if you made $1 sourced from California, you have to file a tax return? And if you file a state tax return in California, you are required to have healthcare coverage.
   
   Yes, that’s right, California still has the Obama tax. Wtf is their problem? Don’t worry, though, you only have to pay for the months you weren’t covered.
   
   

5. PFLT - $11.90/share, monthly dividends annualized at 10.18%. This is an investment fund that has remained incredibly price-stable. At this moment, it’s trading above our entry point, but it’s not a huge gap.
   
   Put this on DRIP for compounding goodness!