Ken Fisher's Ten Dividend Stocks To Buy -- January 20, 2022

Earlier today I said I would get back to this if I didn't forget. Didn't forget. A lot of ads, so I will cut to the chase: in reverse order --

• ENI: oil, gas, power, pays 6%
• MNRL: oil, non-operator; NOG's business model; pays 6%
• ET: midstream, natural gas and propane, pays 6.5%
• EPD: midstream; in the news lately; recently entered the Permian, pays almost 8%
• BTI: cigarettes; pays 7% 
• APAM: investment management; pays over 9%
• NLY: a REIT, pays over 11%
• FS KKR: closed-end investment management, caller into "Mad Money" asked about this one tonight; Jim Cramer said, "avoid"; pays over 11%; with Cramer's track record lately, this might be a "buy" signal; LOL.
• BHP: mining, oil and gas; pays almost 11%
• VALE: manufactures, exports iron ore, pellets, manganese and iron alloys pays 14%

So, there you go. 

Good luck to all.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

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Lightning Strikes: 21st Century Golden Spike

Wow, what a development. This is incredible. 

Linking UNP, western half of the US, with CSX, the eastern half of the states. 

Story here. 

The partnership begins next January (2023).

It looks like BNSF (Warren Buffett) drove the necessity for this deal:
Schneider signaled that it was facing possible limitations in its western intermodal business. “One of our competitors has a preferential contractual arrangement with BNSF, which limits the market share and relative profitability of the services we provide through BNSF,” the company wrote in the report. “In certain markets and rail corridors, rail service is limited to a few railroads or even a single railroad due to the lack of competition.” 

Darren Field, the president of the intermodal division at J.B. Hunt, made reference to the possible shift on the company’s fourth quarter earnings call Tuesday. “We are aware of another channel that certainly left BNSF and went to Union Pacific, and certainly, that presents an opportunity, I mean, those lifts were occurring on BNSF, we are aligned with BNSF in a growth strategy, we have discussions with BNSF daily about our efforts to grow together and we have a lot of focus in that area in 2022,” Field said.

Based on what Schneider reported in its 10-K annual report for 2020, the deal with Union Pacific will mark a significant shift in its intermodal business. In that report, Schneider reported that its intermodal business’ “primary contracts” were with BNSF and CSX. Given that BNSF competes in the West with UP, the new arrangement is likely to be a hit to BNSF’s business.

J.B. Hunt following this Schneider / UNP development.  

What a great country. I better post this again:

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.