Rocky’s Weekly Stock Picks
This week we’re a bunch of negative Nancy’s. There was a moment of sheer excitement when we received a postcard regarding a newer uranium stock available over-the-counter. And also on the Canadian Stock Exchange.
Notice that CSE =/= TSX, the latter of which is the go-to-Johnson for Americans purchasing Canadian securities.
Suffice to say, even Tradestation will not allow us to purchase shares in Nexus. This is a sad day because, as many of you know, we here at Rockydennis Presents are all about uranium and nuclear energy. Power, weapons, families…as long as it’s nuclear, we’re on board!
UEC -$6.92/share, options trade weekly. Uranium Energy Corporation. No further explanation needed.
ORC - $8.93/share, this REIT pays monthly, options trade monthly. Actual share price has suffered significantly, but payouts have remained steady and at least one “professional analyst” has changed their recommendation recently to “Buy”.
So what’s the payout? About 16% annually, at current prices. That’s about right.ARR - $19.43/share, this is another residential REIT. Following a similar tend as ORC, but with a lower payout and longer history. Also, this security is held in some pretty large ETFs.
Options trade monthly. Frankly we aren’t really sure why you’d mix options with REITs, but to each their own. (We know why, but it’s not for us).ARR/PC - $21.20/share, paying a solid 7% annually, distributed monthly. These are the preferred shares of the above ARR REIT. Coupon value of $25. Solid.
JEF - $45.86/share., 2.62% yield paid quarterly. We know almost nothing about this financial stock, other than it’s financial and it’s trending upwards.
We’re buying 1 share. One single share.