You Ask, Peltier Answers: Apollo, Energy, Berkshire
Stockpickr Staff
03/16/09 - 11:52 AM EDT
Throughout the trading week on
Stockpickr Answers, investing professionals answer questions posed by members of the Stockpickr community.
Recently, David Peltier (
TheStreet.com Dividend Stock Advisor) responded to a round of timely questions.
Here are a few of those questions and Peltier's answers.
Picked up Apollo Investment (AINV Quote) on Wednesday [March 11]. [March 17 is the ex-dividend date.] Juicy yield, [but it appears that the company] won't be able to pay it. [I'm] thinking of taking the profits right now and running. Any other thoughts?
Peltier: Congrats on the trade. And no, the current dividend still doesn't look too safe.
To read more, visit Stockpickr.com.
Anybody else's energy plays been getting clobbered in this market rally? I
bought XTO Energy (XTO Quote) and ConocoPhillips (COP Quote). COP is up...for me and XTO is down... Why are they [energy stocks] getting beat up?
Peltier: Can't speak for the whole group, though COP didn't impress at its analyst meeting [on March 11]. And it's hard for natural gas to rally.
To read more, visit Stockpickr.com.
Now they [Fitch Ratings] want to downgrade Berkshire Hathaway (BRK.A Quote), stating [Warren] Buffet [Berkshire Chairman and CEO] as the reason. Is this a joke or what?
Peltier: I'm not a big fan of the ratings agencies. In fact, I'm surprised that Congress hasn't tried to put them out of business.
To read more, visit Stockpickr.com.
Do you have a question for Peltier? He will be back on
Stockpickr Answers this Friday, March 20.
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