Co-produced with Beyond Saving and PendragonY for High Dividend Opportunities.
Update On CBL & Associates
At High Dividend Opportunities, we have been getting a lot of questions from regarding CBL Properties (CBL) from follower and readers. The CBL preferred stocks were previously a pick of ours, but we recommended to our members to sell them in January 2019.
Our initial bullish thesis did not play out. CBL failed to get above what was already low expectations. Its move towards a secured credit line significantly increased the risk of the preferred stock