In the heart of America’s Corn Belt, the company whose bond we recommend in this issue has quietly transformed itself from a traditional ethanol producer into a biotech innovator – unlocking more from every kernel of corn than anyone thought possible.
In the heart of America’s Corn Belt, the company whose bond we recommend in this issue has quietly transformed itself from a traditional ethanol producer into a biotech innovator – unlocking more from every kernel of corn than anyone thought possible.
The bond we are recommending this month was issued by a spinoff technology company that is the leading player in a growing industry. Now under new management it is doing the right things and beginning to turn the company around.
Since we recommended this company’s bond a year ago, the company has improved its performance, and the bond, still a year out from maturity, is trading near face value, having increased in price by 24%. This month, we are adding the shares to the portfolio.
High-yield bonds often predict the direction of their companies’ associated stocks a few months in advance. We’ve taken advantage of this phenomenon with three bond recommendations followed by the same companies’ shares. And in this issue, we’re doing the same thing…
In this issue, Marty Fridson details an opportunity to buy the common stock of a company whose bonds he previously recommended.
The largest movie theater operator in the world, the business we feature this month struggled after the pandemic, but management improved operations and bought distressed competitors and now is on a path to pre-pandemic levels of profitability.
The company we recommend this month has unmatched brand loyalty. However, it’s had its share of stumbles. We believe its near-fanatic customer loyalty is why it will ultimately thrive, despite some recent and very public missteps.