Motley Fool on Lamar Advertising
Motley Fool, (MF) a daily investment newsletter out of Northern Virginia, identifies Lamar Advertising, a real estate investment trust (REIT) as one of “3 High Yield Stocks to Buy”. MF reports Lamar is a solid business, with good opportunities for continued growth while also paying a dividend and continue to have a fairly high yield.
The author of the Fools’s post, Chuck Saletta, recognizes the omnipresence of OOH and the Outdoor’s solid footing in the fight for ad dollars with online advertising. In ‘picking’ Lamar, Saletta, forecasts the REIT dividends to continue, with annualized earnings growth ‘around 3% over the next five years’. And while there are better and faster growth opportunities to speculate on in the market, MF’s Saletta is correct.
Lamar isn’t the sexiest stock recommendation, but like they way they manage their business over time, day-to-day, month after month, quarter after quarter, Lamar is steadily successful with few excessive financial peaks and valleys. Like every Out of Home company, Lamar’s business health is easily observed by what’s on the streets in their markets. Lamar delivers consistent reliable performance. As Saletta recommends, “Combine that modest growth with its hefty yield, and investors buying today have the potential for a decent total return over time.”
Good Stuff Lamar.
For the full Motley Fool Article by Chuck Saletta, Click⇒ ‘3 High Yield Stocks Still Still Worth Buying’