From rising defaults to low credit spreads, new regulation and competition (on two fronts), mainstream income-focused investors have grown a bit too comfortable (complacent) investing in the previously-niche BDC industry (which now faces bigger challenges, as the market cycle is coming full circle). This report will walk you through the challenges, with a special focus on industry stalwart Ares Capital (ARCC) (now trading at roughly book value and offering a big 9.4% dividend yield.
2026 Leaderboard: Gold, Silver, Chips, Software, Growth & Non-US Edition
Google's Big Rally: Ranking The Magnificent 7 (2026-2027)
Alphabet stock (GOOGL) is up 76% over the last year, and the gains are driven by several of the same market themes (e.g. the cloud, AI and ecosystem) fueling the “Magnificent 7’s” dominance versus the rest of the S&P500. Alphabet has been a stalwart position in my portfolios (especially since the overblown narrative that ChatGPT would overthrow Google’s search dominance), and I’m sharing this report to help readers formulate their own forward-looking opinions. Specifically, this report ranks the Mag 7, including a special focus on Alphabet, and then concludes with my strong opinion on portfolio positioning going forward.
Palantir: 5 Big Risks of Backward-Looking Financial Analysis
In the face of naysayers, the meteoric rise of Palantir stock has been nothing short of spectacular. To be certain, this is a very real, very fast-growing, very high profit margin business benefiting from the intersection of big-data software and accelerating Artificial Intelligence (“AI”). This report reviews 5 big risks of “backward-looking financial analysis” that caused most Wall Street analysts to miss this generational wealth-building opportunity over the last few years (while many retail investors got rich), as well as what these 5 big risks say about the business and the share price opportunity going forward.
CEFs: The 50 Biggest Big-Yields (Plus Lots of Data)—A Few Names Really Standout!
This report shares updated data on 50+ of the biggest big-yield Closed-End Funds (CEFs, by market cap), including current yield, discounts and premiums, leverage, beta, long-term performance and more! Interestingly, a few very popular PIMCO CEFs have recently come down in price (relative to NAV) which makes for some unusually attractive entry points on some premier double-digit yields (paid monthly). Muni bonds look good too (if you are in a high bracket and invest via your taxable account). Enjoy!
BH20 Growth Stocks: 2025 Megatrends, Room to Run in 2026
BH Fear Index: Muted Sentiment into Holiday Week
BH20 Growth Stocks: Ranking the Best of 3 Big Market Themes
BH20 Growth Stocks: Gold & Silver Stocks Are Soaring (5 Reasons)
This week’s BH20 Growth Stocks are again dominated by two themes: (1) The AI Megatrend, and (2) Gold & Silver Stocks are Soaring. You can access the full list in this update, including detailed explanations and data for every stock that made this week’s ranking, plus 5 Reasons Why Gold & Silver Stocks Keep Soaring. Enjoy!
Altria: 40 Big Yields Down Big, These 4 Worth Considering
When it comes to income-focused investing, not all big yields are created equally. And from four distinct big-yield categories (including (1) declining businesses, (2) manufactured distributions, (3) selling shares, and (4) well-covered qualified dividend yields), Altria’s category is arguably the best (it’s in the fourth group) and the shares are currently down big and worth considering. This report shares data on 40 big yields (with share prices currently down big), reviews four attractive investment opportunities (from across the four groups), dives deeper into Altria (including a review of the business, sin-stock valuation discount, dividend safety and risks), and then concludes with my strong opinion on investing.
BH20 Growth Stocks: Separating The "Most Liked" from "The Best"
No one has a working crystal ball, but it’s not hard to see where the market is going (e.g. the “cloud AI megatrend,” for example). Where uncertainty starts to creep in is the likely winners (e.g. mega-cap hyper-scalers) versus the less-certain long-term winners with more volatile upside (e.g. the nuts-and-bolts hyper-scaler suppliers and datacenter component makers). This week’s BH20 fast-paced growth stocks shares a handful of top ideas from the latter group (e.g. huge upside “potential” but volatile and less-certain).
BH High Income Portfolio: Big Yield, Small Rebalance
The 25-position Blue Harbinger “High Income Portfolio” continues to offer a high yield (currently 9.6%). There have been no new buys or complete sales, but the existing portfolio positions have been rebalanced to trim some winners (trading at higher prices) and add more to attractive opportunities trading a bit lower (attractive). You can access the updated holdings in this report.
Trinity Capital: Despite Risks, 14% Yield Worth Considering
There are lots of ways to earn big yield in this market, and the BDC space (business development companies) is ripe with opportunities. And while BDCs come in a wide variety of shapes and sizes (data is shared in this report), one that stands out is Trinity Capital (TRIN) because of its growth-sector niche (arguably better aligned with the “new” US economy), internal management team (less conflicts of interest) and outstanding 14% dividend yield. This report reviews all of that, plus the big risks Trintiy currently faces, and then concludes with my strong opinion on investing.
Software Application Stocks: Oversold
As the AI megatrend continues to grow, one of the lesser-noticed side effects within the technology sector has been the flow of dollars out of otherwise attractive software companies and into AI stocks. As a result, a lot of really attractive software stocks (those with high growth and high profits) are actually significantly underperforming the market and trading at increasingly attractive valuations.
The S&P 500 Cloud-AI Bubble: Huge Pain Ahead!
Far more money has been lost waiting for the market to correct than in the actual corrections themselves. That is a paraphrase of Peter Lynch, and it’s likely a wise warning for investors in the current “cloud-AI bubble” led by a small handful of US mega-caps stocks. The warning cuts hard both ways, as many investors will likely face huge financial pain in days ahead. This report reviews the current state of the cloud-AI bubble, considers a secular market paradigm shift, discusses the huge financial pain many investors are about to inevitably face, considers a handful of S&P 500 risk metrics and then concludes with my strong opinion on how to defend yourself against the growing cloud-AI bubble.
Top 10 Big Yields Ranked: BDCs, CEFs and Dividend Stocks (Fear Creates Opportunity)
In the market battle of bulls versus bears, fear-and-greed continues to create attractive high-income opportunities (yields of 7-10%+) in specific corners of the market, including business development companies (BDCs), stock-and-bond closed-end funds (CEFs), dividend stocks and more. This report reviews the critical costs and benefits of investing in each of these groups and then counts down (ranks) my top 10 specific big-yield investment opportunities right now (selected from across the groups) as fear is currently creating some very attractive opportunities. Enjoy!
BH20 Growth Stocks: ONDAS Sits Atop (Autonomous Drones)
Top 10 Big-Yield CEFs: This PIMCO Fund Stands Out
If you like big steady income (to offset the short-term uncertainty of long-term stock-market investments), closed-end funds (“CEFs”) currently offer a widely-diverse set (ranging from varied stock and bond strategies) of big-yield opportunities (9%+ yields, often paid monthly) to choose from (ranging from those benefiting from market over-reactions to Fed interest rate signaling as well as otherwise-steady utility sector opportunities being whipsawed by AI’s startling demand for energy). This report shares 10 top big-yield opportunities (including a variety of relevant quantitative data and important qualitative commentary) and dives a bit deeper into one contrarian PIMCO bond CEF that is particularly compelling right now. Enjoy!
BH Sentiment Index: Fear Spikes, Value Salivates, Fast-Paced Growth Takes Cover!
"Market Fear" is currently strong, as the BH Market Sentiment Index has fallen from 83 ("extreme greed") just 3 weeks ago to now 20 (teetering on "extreme fear"). The reason is multifaceted, but the market has posted significant gains in recent months (since "Liberation Day") and investors are increasingly concerned about an "AI Bubble," as well as an increasingly hawkish fed (creeping inflation fears) and unsettled trade agreements with South Korea (we import a lot of steel, semiconductors and cars (Kia, Genesis, Hyundai)).
The Disciplined Growth Portfolio: Moderate, Yet Aggressive
This report shares the latest update on the BH Disciplined Growth Portfolio (38 current positions, not at all equally weighted), including several small new trades as well as a continued focus on powerful long-term growth opportunities. After this week’s stellar Nvidia earnings, a lot of investors are left wondering “what unexpected, good news can possibly remain for this already unprecedented AI growth story?” And the answer, of course, is building a prudently concentrated long-term growth portfolio that will benefit from AI (including AI hyper-scalers and “picks-and-shovels” companies”) but also healthy growth businesses benefiting from opportunities beyond just AI. Enjoy!