Distress Exists Even When the Market Booms
Financial distress persists even when the S&P 500 and other indications seem to be emphatically signaling prosperity – and why this could mean more opportunities to earn excellent returns in coming months.
distressed investing
A Lean, Mean Comeback Machine
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.
The Low Price of High-Yield Bonds
The distressed-bond universe exhibits a rare market condition that in the past has produced an average annual return of 73%. On the face of it, as we discuss in this issue, this condition could prove to be an excellent time to be buying distressed debt.
Sell Alert: Sell Spirit Airlines 1% Convertible Bond
Non-bank direct lenders, which normally concentrate on small-to-medium enterprises, are now playing in the big leagues. A big question is whether these non-traditional lenders will continue to keep a lid on defaults when the U.S. economy eventually hits a rough patch.
Sell Alert: Sell Office Properties Income Trust 2.40% Bonds
Non-bank direct lenders, which normally concentrate on small-to-medium enterprises, are now playing in the big leagues. A big question is whether these non-traditional lenders will continue to keep a lid on defaults when the U.S. economy eventually hits a rough patch.
A Stock-Bond Combo Buy
In this issue, we recommend the stock and bond of a company that has moved itself from a financially precarious position to a secure one… but the market doesn’t yet appreciate this new reality.
The Master of Distress
In this week’s issue, we provide a peek behind the curtain of Porter & Co.’s Distressed Investing advisory, detailing a deeply discounted debt opportunity in a sector that has been left for dead in the post-COVID world.
When One Bank Says No – an Alternative Lender
Non-bank direct lenders, which normally concentrate on small-to-medium enterprises, are now playing in the big leagues. A big question is whether these non-traditional lenders will continue to keep a lid on defaults when the U.S. economy eventually hits a rough patch.
The Return-to-Office Rebound
Owing to an oversupply of office space, the bond price of this commercial real estate company has declined as if a bankruptcy is likely. In this issue, we will show you why we think the bonds are worth more than that – possibly much more.
Risky Bonds Should Not Mean a Risky Portfolio
Because distressed-debt investing can be risky, this month’s update focuses on proper position sizing within a portfolio, plus some recommendations for investors new to this sector.