In a Barron’s article, Andrew Bary quotes Jonathan Boyar on a potentially compelling preferred stock that happens to be owned by John Malone. “The risk reward relative to other fixed-income investments is pretty compelling.”
He mentioned that Boyar liked the same preferred after it was issued in 2020 and traded at a discount from face value at 94. The issue traded as high as 108 in the past year.
To read the full article, please click here.
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