The single-letter ticker symbol. Only 26 are available, yet rarely do you hear investors talking about them. As recently as October 2007 there were only 16 single-letter stocks to buy.
Fast forward past the recession to today; there are 23 single-letter stocks. Only the letters J, U and W go unspoken. The most recent company choosing to trade under such rarefied conditions was in April 2013 when satellite services provider Intelsat SA (I) went public, raising $348 million to repay debt. Unfortunately for IPO investors it hasn’t done much since going public 15 months ago at $18 per share.
That doesn’t mean we can’t find any single-letter stocks to buy. With almost two dozen choices, I’m sure I can come up with three worthy of your consideration.