Stock markets have been on a tear ever since the Federal Reserve initiated its first round of quantitative easing in late 2008. Since early 2009, the S&P 500 has climbed more than 150% and is up roughly 17.5% year-to-date. But the Federal Reserve can’t print money and keep interest rates artificially low forever. Once the Federal Reserve sees enough data pointing to a sustained economic recovery (unemployment, housing prices, inflation, etc.), it’ll begin to taper off.
Regardless of what the Federal Reserve decides to do, there remain a large number of reasonably priced stocks with attractive yields worth considering: Frontier Communications Corporation (NASDAQ: FTR) provides phone, Internet, and satellite TV (through a partnership with DISH Network) services to more than 25 states. The company provides an annual dividend of 9.3% and reaffirmed its full-year guidance. Gannett Co., Inc. (NYSE: GCI) is the top newspaper publisher in the U.S.; its flagship paper is USA TODAY.
Source: Benzinga
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Posted by D4L | Wednesday, October 02, 2013 | ArticleLinks | 0 comments »________________________________________________________________
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