KISS - Keep It Simple Stupid!

29 ส.ค. 2020

NYCB looks like it's a really solid buy down here right now. Not only does the stock have a healthy 7.5% Dividend Yield - so you get paid to wait for this trade to work - but it's recently sold off into a support area that looks prime for a bounce. Both conditions and expectations now are better than they were in March when NYCB traded into and then off of this support region, and the company is strong from an operational perspective.

Healthy company, fat dividend, presenting an opportunity in a support area? Time to buy some!

Keep it simple.