Nicholas Financial (NICK) was the easiest decision to make. As I’ve mentioned before, I’m not a fan of the “buy under” deal they made, but there doesn’t seem to be anything we can do. The buyer, Prospect Capital (PSEC) seems to be a well-run closed-end fund with a rich dividend. The buyout is scheduled to take place in April at $16 per share. One benefit is that trading in PSEC is far more liquid than trading in NICK.
5 (New) Buys, and 5 ‘Deletions’ to the 2014 Stock Buy List
Here are my reasons for those 2014 buy and sell decisions
Article printed from InvestorPlace Media, http://investorplace.com/2013/12/stocks-to-buy-stocs-to-sell-qcom-jpm-mcd/.
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