Bank of America says buy these two high-yield transport stocks as rates fall


A City Carrier Assistant to the United States Postal Service, unloads her mail truck after collecting mail on the busiest mailing day of the year for the U.S. Postal Service in Miami, Florida.

Joe Raedle | Getty Images

As investors look for reliable income streams in a world of falling bond yields, Bank of America Merrill Lynch is recommending two global bellwethers in the transportation sector.

The firm said shipping company UPS and small-cap Fortress Transportation and Infrastructure are well positioned in the current environment of low interest rates thanks to their high and steady dividend yields.

Products You May Like

Articles You May Like

Oil prices sink on report Saudi output will recover quickly after weekend attack
FTSE 100 & CAC 40 Price Chart Forecasts: Indices Face Resistance
Here are some ‘low risk’ stocks for this crazy market when things can change ‘in an instant’
Dow poised to snap 8-session win streak as oil market’s historic supply disruption rattles
Bitcoin Price Correlations with Emerging Markets FX: USD/ARS, USD/ZAR in Focus

Leave a Reply

Your email address will not be published. Required fields are marked *