Net Payout Yields - March Update
After a weak end of 2015, the Net Payout Yields model on Covestor has seen a big rebound in 2016. After a couple of days in March, the model is up 0.6% for the year while the SP500 is down 2.8%.
No trades took place in February with the last trade being selling Lowe's (LOW) and buying Qualcomm (QCOM) in early January. As Lowe's downsized buybacks and Qualcomm loaded up on buybacks with the stock selling off, the later became more attractive due to a higher net payout yield.
Please contact Stone Fox Capital at info@stonefoxcapital.com or contact Covestor to invest.
Disclosure: Long QCOM. Please review the disclaimer page for more details.
No trades took place in February with the last trade being selling Lowe's (LOW) and buying Qualcomm (QCOM) in early January. As Lowe's downsized buybacks and Qualcomm loaded up on buybacks with the stock selling off, the later became more attractive due to a higher net payout yield.
Please contact Stone Fox Capital at info@stonefoxcapital.com or contact Covestor to invest.
Disclosure: Long QCOM. Please review the disclaimer page for more details.
Comments