DEAR MR. BERKO: In early 2012, you recommended Flagstar Bank at 80 cents a share, and I bought 3,000 shares for $2,400 as a speculation. Flagstar had a 1-for-10 reverse split, and I now have 300 shares that trade at ...Read More »
DEAR MR. BERKO: In 2008, you recommended Bank of America’s 7.25 percent convertible preferred stock at $720 a share. It yielded 10 percent, and you said it was a safe investment. We bought 30 shares for $22,000, and they’re now ...Read More »
DEAR MR. BERKO: I want to invest in a solar energy/utility stock, and my broker recommended that I buy 200 shares of a company called SolarCity, which he says is run by the same person (Elon Musk) who runs Tesla ...Read More »
DEAR MR. BERKO: We own five of the drug companies you recommended (list enclosed) and they are doing fantastic. We bought them three years ago because, as you told us, the Affordable Health Care Act will enable more people to ...Read More »
More than a dozen readers have recently asked me to explain how a business development company functions and requested recommendations. Here are your answers. DEAR READERS: Business development companies, like venture capital funds and private equity funds, give investors the ...Read More »
DEAR MR. BERKO: I used my entire savings account to buy 387 shares of Piedmont Natural Gas at $12 in 1988 after attending your talk on the stock market about buying only stocks that pay increasing dividends. So after ...
Tagged with: Agnico-Eagle Mines Alliant Energy Aqua American divident reinvestment plan Dominion Resources First Financial Commonwealth Health Care Realty Trust Independent Bank Corp. Malcolm Berko NextEra Energy Piedmont Natural Gas South Jersey IndustriesRead More »
DEAR MR. BERKO: In January of 2012, you recommended a bank stock called Synovus Financial, which was trading at $1.47 a share. I studied this stock for three days and did my research on it and read their financial reports ...Read More »