07-06-2020, 05:23 AM
Tanger, Macy's and Ford are three I would lose. I am looking at this from a DGI long-term perspective. Could they recover? Sure, but the risk reward is not there compared to the dozens of good companies in your port. I don't want to own companies at significant risk of BK with weak credit ratings. I also don't like airlines in a DGI port. It's a heartache waiting to happen if you hold them long enough. I don't know anyone who has ever held an airline stock for decades and was glad they never sold.
I do trade them on the down cycles. They are certainly useful for that purpose.
Bottomline is my opinion is why hold junk in a long-term DGI port? Defend the stocks I mentioned if you like. That's what this forum is about.
I do trade them on the down cycles. They are certainly useful for that purpose.
Bottomline is my opinion is why hold junk in a long-term DGI port? Defend the stocks I mentioned if you like. That's what this forum is about.