I bought it as
a cheap distressed assets play, but I suspect my gains actually came from income investors, who are now rushing into the stock.
Not exact matches
If you're on board with a smart investor,
distressed asset investing offers a great opportunity to participate in
cheap assets, and to reduce correlations / risk in your portfolio.
Whether buying
distressed assets or whole companies, the intelligent acquirer can add new markets, technologies, or
cheap capital
assets to make the existing business more productive.
You can use that cash flow to buy
distressed assets on the
cheap.