Seeking at Least 9% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy [Yahoo! Finance]
B. Riley Financial, Inc. (RILY)
NASDAQ:AMEX Investor Relations:
ir.brileyfin.com/investor-relations
Company Research
Source: Yahoo! Finance
In a recent note, B. Riley's chief investment strategist Paul Dietrich lays out the warning case for investors, drawing attention to several signs that indicate a cloudy future. Several of these are technical factors, while others are more anecdotal in nature. Among the latter, Dietrich cites recent large-scale stock sales from the likes of Jeff Bezos, Jamie Dimon, and Mark Zuckerberg, as well as the $168 billion cash pile built up at Berkshire Hathaway. “When the smart money is selling out as the market is hitting record highs,” Dietrich says, “they are telling us something.” The strategist goes on to elaborate, painting a picture of difficult times ahead: “I still believe there is a strong possibility the economy will go into a mild recession this year. That means it is possible we could see a total drop from the current overvalued stock market of -49%.” That's a big decline. In an environment like this, the natural inclination for investors is a shift toward defensive plays, t
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News
- B. Riley Financial, Inc. (NASDAQ: RILY) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
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RILY
Sec Filings
- 4/29/24 - Form 10-K/A
- 4/24/24 - Form 8-K
- 4/24/24 - Form 10-K
- RILY's page on the SEC website