They've Got Potential

A few stocks have emerged in my latest research screening that I am putting into my Potentials list. I managed to snag one of them yesterday when it was a down day; I wrote about it in my post Buy, Buy, Buy. The stock is up today in spite of a down market overall. Ka-Ching.

Now for some future prospects.

First a high dividend yielding Financial Services company that makes me a bit nervous. It's a small-cap company so all the details are not available to me in my subscription of the Valueline Survey. My concern about this stock is that it deals with real estate and mortgage backed securities (disturbing flashbacks to the financial crisis from a decade ago). But, at the same time it's ranked high in Timeliness and has a significant dividend rate. Fear still permeates the thought of owning this stock. It's probably one to watch like a hawk.

Here's what I know:

Name:                                Ellington Finance LLC

Industry:                            Financial Services, Specialty

Symbol:                              EFC
Timeliness:                        1
Safety:                               2
Technical:                          UNKNOWN
Approximate Price:            $16.00
Dividend Yield:                  10.15%
Industry Rank:                   UNKNOWN
Low Gain Estimate:            UNKNOWN
High Gain Estimate:           UNKNOWN

Another is a high flying company in the Financial Services industry that is very unique. This is a company that rents and leases small commuter jets to corporations and the rich. The company seems well managed and has recently upgraded a large part of its fleet of aircraft. So fly high while still staying on the ground with this stock. Hey, maybe there is a way for the 98% to take advantage of the massive tax cuts that got passed this year. 

Also can someone explain why this is a Financial Services company? Maybe because it helps the rich exploit tax loopholes?? WhatSayYou?

Name:                                Aircastle Limited

Industry:                            Financial Services, Diversified

Symbol:                              AYR
Timeliness:                        1
Safety:                               3
Technical:                          5
Approximate Price:            $21.00
Dividend Yield:                  5.35%
Industry Rank:                   30
Low Gain Estimate:            65%
High Gain Estimate:           140%

Still more to write about, but I'll leave that for tomorrow.

Thanks for reading. Comments are welcome.