Saturday, June 15, 2013

GWM Flexible Income Folio - Buying while the Blood is on the Ground

The specter of higher interest rates has cause havoc in markets worldwide. Particularly hard hit has been the
bond market; but the real estate investment trusts (REITs) have even suffered more. I think that the move down in some of the REITs may be overdone and has created some opportunities for bottom fishing  in the GWM Flexible Income folio.

I took a small position in Realty Income Corp. (O). Here is my analysis:

The Stock is down nearly 20% from its 52 week high.

Realty Income Corp.

After a smooth as silk rise, the stock plunged
19% since its peak in May

Realty Income Corp.
My analysis

Click on the chart to view details

The stock found support at the 200 day moving average. It had a nice bounce on higher volume on Friday. With a 4.8 % yield at this juncture it make a nice bottom fishing buy for the Flex Income folio.

If you would like a more in-depth analysis click the link below.

This blog post does not constitute an offer of investment advice. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar. 

No comments:

Post a Comment