This Is Still My ‘Preferred’ Style of Investing
“Jesus, man!” I just uttered those words — with a smile — when checking a stock quote. I was looking up Valley National 5.50% Fixed to Floating Rate Preferred Shares Series B (VLYPO) , which, trading at $22.44, has now risen 35% since I initiated a position for my largest client on May 2. And … [Read more…]