Zacks’ Voice of the People highlights opportunities with Ambac – Press Releases
Posted on April 15, 2010 at 11:21 AM EDT
For Immediate Release Chicago, IL – April 15, 2010 – Zacks highlights commentary from People and Picks Trader “LesGetRich". For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Check Out Ambac ( ABK ) Preferreds The company showed a profit last quarter and looks like it's on the rebound. Check out the preferred Ambac shares ([ AKT ], [ AKF ], ABK.prZ and [ GJW ]) for good income and growth potential. GJW has currently suspended dividends but the stock is cumulative and accrued interest will be paid when dividends resume - Yield is currently over 70%. Ambac can't pay dividends on common shares until they pay all dividends due on GJW. Note that the Z series preferreds have a mandatory conversion to common shares on 5/17/11. In the meantime you'll collect 28% + dividend which is factored into the current share price (i.e. you're betting on the price of the common shares increasing). About the Zacks Community In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=5958 . Follow us on Twitter: http://twitter.com/ZacksInvestment Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Contact: Brent Billock People & Picks Manager Company: Zacks.com Phone: 312-265-9307 Email: pandp@zacks.com Visit: www.Zacks.com Zacks Investment Research
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