Dear Readers: Last week, I gave you some of Ossie Ollum’s recommendations for low-priced stocks and promised to give you more this week. But for some reason, he wasn’t confident about his other picks. However, many readers are interested in stocks yielding over 10 percent, and Ashley Madison was kind enough to help me out. Ash believes there are some uncommonly good high yields out there but warns that if the stock market takes a dip, each of these recommendations will probably dip more than the market.
At 6 feet 2 inches tall, with shoulder-length blond hair, carrying a solid 189 pounds of mostly ripped muscle, supported with broad shoulders and size 11 feet in steel-toe hobnail boots, 32-year-old Ashley Madison used to be known as the finest high-yield stock artiste in Wamsutter, Wyo. In January 2015, the list of 10 high-yield stocks Ashley shared with me was a grand slam. Those 10 high yielders had a total return of plus 47.2 percent, including dividends. Wow, even Michael Milken was impressed. But that was just one good year in a row; the following two years were daunting, unmitigated disasters. In 2016, her 10 issues imploded when they came into contact with Earth’s atmosphere and its 21 percent oxygen level. Ashley’s total return that year was minus 31.2 percent. Not good, that! In 2017, Ashley’s January 10-stock portfolio was down by 37.2 percent 11 months later. However, because the third time is a charm (in most movies, it’s the third key that opens the door), Ashley gave me 10 high yielders to share with you this week. Still, you may need all the help you can get, so I propose that you spend the remaining Sundays of this year in the amen corner of your church. It won’t cost you a thing, but your family may be surprised at the results.
• Uniti Group (UNIT-$16.05) is a real estate investment trust that owns, acquires and leases mission-critical communications assets, such as fiber optics, cell towers, data centers and consumer broadband. UNIT has a 14.62 percent yield.
• NuStar Energy (NS-$34.78) engages in the terminaling, storage and marketing of petroleum products. NS yields 12.7 percent. NS also provides pilotage, tug assistance, line hauling and emergency response.
