ABR, TCBI, TNP: 3 Preferred Stocks to Buy Now

If you’re looking for new types of stocks to buy now to ramp up your portfolio yield, you should consider preferred stocks.
Preferred stocks trade like regular stock but they are more like bonds in that they provide a higher fixed-dividend payment than their common stock counterparts and they generally have less upside potential.
They’re called “preferred” because they have higher claim on the assets and earnings of the company.
(more)
Please share this article