Energy stocks have been on a tear since giving up their August gains, they have now returned to October’s trading levels, as the SPDR Select Sector Fund - Energy Select Sector (ARCA: XLE) is down over 6% in the past month.
During times of recession or high inflation, people will still need to purchase everyday necessities such as food, cleaning supplies, and hygiene products.
During Fed tightening cycles due to inflation, real estate investment trusts posted positive total returns in 85% of periods with rising Treasury yields from the first quarter of 1992 to the fourth quarter of 2021, according to Nareit.
Yacktman Asset Management founder Donald Yacktman was named Morningstar’s “Portfolio Manager of The Year” in 1991 and was awarded the “Portfolio Manager of the Year” by Mutual Fund Letter in 1994.
In the third quarter of 2022, Yacktman initiated a new stake in these three energy stocks with solid yields.
Representative Robert Wittman (R-VA) is the vice-ranking member of the House Armed Services Committee and also serves on the Committee on Natural Resources.
SP Global data shows that, over a three-year period, cell tower real estate investment trusts (REITs) had the highest potential returns out of any other REIT sector of nearly 30%.
Li Lu is a Chinese-born American value investor and the founder and chairman of Himalaya Capital, a value investment firm that embraces the principles of Benjamin Graham, Warren Buffett and Charles Munger.
Congressman Kurt Schrader of Oregon was last covered by Benzinga for his trades on Ameren Corporation (NYSE: AEE) and SLB (NYSE: SLB), which were made on Oct. 13 and Oct. 26, respectively.