Brexit was confirmed by a margin of 52% to 48%. And as most of the economists predicted, it has already started to take the shape of a catastrophe in the British market. Markets reacted with the pound plummeting against the USD at a rate unseen in the past three decades. The FTSE has been predicted to sink at a level of 10%. As per a report in The Independent. this amounts to one of the biggest market shocks of all time. While some say that the outcome is not likely to significantly impact the U.S. economy as a whole, it is quite impractical to believe that such a major upheaval will not have any kind of spillover effect on the nation, especially when the market is ultra-responsive to small changes.
We’ve picked five small-cap stocks with a market cap of $500 million or less that offer a dividend yield of more than 5% and boast a favorable Zacks Rank #1 (Strong Buy) or Zacks Rank #2 (Buy) along with an attractive Value Style Score A: BG Staffing, Inc. (BGSF), Ellington Residential Mortgage REIT (EARN), Enviva Partners, LP (EVA), PBF Logistics LP (PBFX) and Manning & Napier, Inc. (MN).
Source: Zacks
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Posted by D4L | Friday, July 15, 2016 | ArticleLinks | 0 comments »________________________________________________________________
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