Stock pick: CapitalSource Inc.
Recently I’ve been trying to diversify my portfolio in the area of dividend stocks, while rocking the research scene I happened across CapitalSource Inc. (CSE) which looks like a good investment.
While their business model is a little more high risk than I’d like, I think they’re a decent buy at their current price thanks to the market weakness of the past few months, plus their current dividend yield is 14.30%.
The biggest question now is whether to buy CSE prior to their earnings report of November 6th or not. If they report weaker than expected earnings, you might be able to pick it up at a discount.