Sent to my class just now:
There is a stock out there which, even in this so-called raging bull
market, is offering a dividend yield in excess of AAA bond yield (remember
Graham loved stocks that yielded more than 2/3rd of AAA bond yield).
The unique thing about this stock is that the company to which it belongs
is essentially debt-free. This combination of debt-free status and a high
dividend yield is very attractive, in my view.
Which stock is it?
The group which identifies it first and sends me a report on it, with not
just the name of the stock, but clear demonstration of its cheapness won’t
have to submit a project for this term.