Over the last few years we have seen an increase in the number of new preferred stocks that are unrated by either Moody's Investors Service or S&P. There are a number of reasons that a company will choose not to have its preferred stocks rated that have nothing to do with the company's wellbeing.
Preferred stock buyers can use a 'Best-In-Show' approach to rate an unrated preferred stock without having to become an industry expert. With this approach, you no longer have to determine if the target company's key metrics are good or bad; you just need to see if they are better or worse...
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Preferred stock buyers can use a 'Best-In-Show' approach to rate an unrated preferred stock without having to become an industry expert. With this approach, you no longer have to determine if the target company's key metrics are good or bad; you just need to see if they are better or worse...
Note To Readers: This article was chosen to appear on the popular investing website 'Seeking Alpha'.
By clicking here a new window/tab will open on your screen to this article as it appears at SeekingAlpha.com.
Receive my Seeking Alpha articles by email: When viewing one of my articles at Seeking Alpha, click on the "Follow" button by my picture. You will be notified by email when I post a new article to Seeking Alpha.
Please enjoy reading this article at Seeking Alpha.
Many Happy Returns.
