With so many stocks trading at 80+% or higher of their 52 Week Range it's been hard to find anything with either growth or yield that is attractive. Unfortunately I'd chosen MIC not that long ago for its yield and have been burned by the massive sell-off.
It's my M.O. to add to out-of-favor positions on weakness so added 50% to the MIC position when it fell below $39. Its current price/share is about 6% of its new 52 week range, so is certainly on the bottom end of my watch list. Let's hope others feel the same way.
REITs as a group are also nearer their 52 Week Lows and their yields are attractive.
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