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This High Yield Dividend Stock Keeps Proving Me Wrong
I don’t usually like to talk about stocks I don’t like on this channel, unless I feel like I’m warning investors about yield traps or their long-term share price performance. Over the years, I’ve voiced my disgust with some investments that have really bad track records of performance, including Orchid Island, Annaly Capital, and Armour Residential. But I have to admit that almost ever since I started talking about them, there’s one stock that stands out that I’ve been somewhat pessimistic about, and that’s continued to perform exceptionally well. Although I was never strongly against them as much as Annaly Capital or Orchid Island, despite my negative outlook, their stock has done really well, and a lot of my subscribers continue to be holders of this stock. So in this video, I want to take another close look at this stock, which I have to admit I’ve been completely wrong about up to this point, and try to determine what the future holds for them.
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