This “Hidden Yield” Stock is Ready for 18.4% Yearly Returns

This dividend stock yields 10.4%. But really it boasts an annual “hidden yield” of 18.4% when we consider buybacks. Eighteen-point four percent per year . Wait, what?! (Your strategist pauses to point upwards towards the late, great Norm Macdonald.) A Hidden Yield Formula for 18.4% Yearly Returns Now what if I told you this stock was also being heavily shorted? Over 11% of this company’s outstanding shares are being sold short. This is fuel for a potential rally because these positions must be bought back later. Remember, when traders sell a stock short, they book the sale in advance. “I think this stock is so terrible, I want to sell it at today’s price.”… Read more