This piece first appeared on InvestorPlace as part of its Best Stocks for 2016 contest. There are several excellent picks this year, and the competition promises to be fierce! If you’ve read my work for any length of time, you know I’m not a major risk taker. In my experience, slow and steady wins the...Read More

It’s been about a week and a half since Teekay (TK) slashed its dividend to the bone and the stock price imploded (see “After the Teekay Dividend Cut…Now What?“). In the aftermath, I recommended holding on to the shares. At the lows for the day, TK was trading at 80% of tangible book value and...Read More

I’m not writing much this week, and there is a good reason for that: I’m on a Christmas ski trip, trying my best not to make a fool of myself on skis. Assuming I don’t get myself killed, we’ll pick this up next week. Merry Christmas!Read More

Wow. $TK just dropped a bomb with the dividend cut. Stock down ~60%. Underlying MLPs “pulled a $KMI” by opting to self finance. — Charles Sizemore (@CharlesSizemore) Dec. 17 at 09:35 AM To really illustrate how bad it is in MLP land, $TK cut its dividend by 90% and still has a relatively high yield...Read More

I gave my thoughts on the Fed’s decision yesterday to CNBC: “She is in no hurry to ‘normalize’ rates. She’s raising them today because she’s afraid that if she doesn’t, she might have to act more aggressively at some point in the future. But she also made it very clear that she’s going to remain...Read More