A "Shark Tank" co-host and a "Fast Money" trader went head-to-head in a spirited debate over investing in dividend stocks Thursday on CNBC. The name-calling began on Tuesday's episode of "Closing Bell," when "Shark Tank" co-host Kevin O'Leary called "Fast Money" trader Guy Adami "chicken little" for his take on the investment landscape.
O'Leary had said that investors shouldn't "take the risk of momentum names" when they can find security in dividend stocks. Adami countered that dividend payers can fall just like any other equity, saying "There is a chance that the underlying equity goes lower." O'Leary then called Adami "chicken little" for predicting that the sky could fall for stocks. The debate raged on when O'Leary joined Adami on home turf during Thursday's episode of "Fast Money." O'Leary stuck to his guns, saying, "You'll never convince me to buy a stock that doesn't have yield."
Source: CNBC
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Dividend Stock Smackdown: 'Shark' Takes On 'Fast' Pro
Posted by D4L | Saturday, June 07, 2014 | ArticleLinks | 0 comments »________________________________________________________________
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