Progressive Corp., Capstead Mortgage, and Kayne Anderson Energy Development Company are Cited as Potential Buy Candidates

Share Article

Insurance, mortgage, and energy sectors offer strong names based on a combination of technical and fundamental factors.

Kayne Anderson Energy Development

Kayne Anderson Energy Development

Kayne Anderson Energy Development Company isn't actually an energy company itself, but rather a holding company of private energy providers (mostly midstream) that you couldn't actually own as an individual shareholder.

Kayne Anderson Energy Development Company, Progressive Corp., and Capstead Mortgage have been named to the Rhino Report's watchlist of potential buy candidates. Chief Analyst James Brumley has identified these three stocks as possible trading ideas based on several developing factors that may solidify in the very near term.

Insurer Progressive Corp. aligns with a bullish call made on the insurance industry two weeks ago. The share price is fair right now, at 13 times trailing earnings and 12.7 times forward-looking earnings. More important though, the earnings trend is reliable, as is the stock's progress.

Kayne Anderson Energy Development Company isn't as much a company as it is a holding company of smaller energy providers that aren't publicly traded. As such, it allows investors to tap into a segment of the energy market that is otherwise unavailable. Better still, the stock's underlying companies may be better investments simply because these organizations can operate as deemed best without needing to worry about shareholder fallout or kowtowing to owners.

Mortgage REIT Capstead Mortgage is viewed as a simply way to tap into the rebounding real estate loan quality - even as soft lending still is - without necessarily making a bet on a recovery of the housing market, which Brumley views as still too weak to be excited about. The yield has been persistently in double digit territory of late, and should stay there indefinitely.

It should be noted that none of these stocks are actually being added to the official Rhino Report portfolio yet, and may well never be. They are, however, this week's only potential additions out of thousands of eligible stocks. If and when these stocks are added to the portfolio, notification will be sent to the newsletter's subscribers. Even without an official entry though, all three are quality names investors should consider.

Please visit the Rhino Report web site located at: http://www.rhinoreport.com for more information.

About The Rhino Report
The Rhino Report is a complete solution providing investors and traders with disciplined short-term and long-term market calls, as well as specific stock recommendations from a proven proprietary system that incorporates both fundamental and technical analysis. Its reliable and timely investment newsletters are delivered during trading hours, allowing investors and traders the necessary time to act before anyone else.

Members receive in-depth sector analysis to help them identify current hot spots in the market and comprehensive economic analysis to determine forward-looking market trends and sentiment. The Rhino Report also provides its Member with password protected access to an exclusive Member Login area to view specific stock recommendations, portfolio performance, report archives and much more.

The Rhino Report provides a whole look at the equity markets and explains in detail how one can generate maximum returns with minimal risk exposure. Investors are encouraged to visit The Rhino Report at: http://www.rhinoreport.com for more information on its advisory services and how to become a Member.

Contact:
James Brumley
The Rhino Report
619-352-0394
Email: editor(at)rhinoreport(dot)com

Source: The Rhino Report

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

James Brumley
Visit website