Eveans and his team analyze more than 7,000 securities worldwide but only buy names that offer payouts no less than double the yield of the overall stock market — as well as reasonable valuation and competitive advantages that will keep earnings growing over time.
Sounds like a pleasant article to read, no?
Well, it turns out that the companies that they are recommending you invest in are:
- Cigarette companies (Philip Morris)
- Oil companies (Vanguard Resources, Williams Partners)
- Leveraged buyout specialists (KKR)
I guess the good news is that they didn't include any arms dealers or pesticide manufacturers.