Summary Hawaiian Holdings stock has reached a 10-year low due to high jet fuel costs, wildfires in Maui, and technical issues with its aircraft. The company's losses have led to a high debt load, making it potentially difficult to service the debt if headwinds persist. While some issues may be temporary, the high cost of jet fuel remains a significant challenge for Hawaiian. Investors should be aware of the risks. Anett Flassig /iStock Editorial via Getty Images Hawaiian Holdings (NASDAQ:HA) is facing a perfect storm this year due to strong headwinds, such as high jet fuel costs, the devastating wildfires in Maui this summer and some technical issues with its A321neo aircraft. Due to all these negative external conditions, the stock h

Summary RLJ Lodging Trust's preferred stock offers a 7.5% yield, down from 8.1%, but remains attractive thanks to the safety of its dividend and potential Fed rate cuts. The REIT owns 96 premium-branded hotels, has recovered from the pandemic, and maintains a healthy balance sheet, ensuring the preferred dividend's safety. The preferred dividend is well-covered with a 9.3 coverage ratio, and the REIT is unlikely to eliminate its common dividend, even in a recession. With the Fed likely to reduce interest rates, locking in the 7.5% yield of RLJ Lodging Trust's preferred stock is a prudent move for income-oriented investors. Pgiam/iStock via Getty Images More than a year ago, I

Summary I initially purchased Sabine Royalty Trust during the coronavirus crisis for its cheap valuation and later sold it in late 2022 after it tripled. The stock has underperformed the market since late 2022, with a total return of -8% compared to the S&P 500's 47% gain. The recent plunge of oil prices below $70, driven by weak demand from China, signals a bearish outlook for Sabine Royalty Trust. Given the bearish oil market and potential for reduced distributions, Sabine Royalty Trust bears significant downside risk despite its current valuation. Torsten Asmus About four years ago, at the depths of the coronavirus crisis, I recommended purchasing Sa

Summary RLJ Lodging Trust has offered a total return of 15% in the past 15 months, with a recent rally thanks to a dovish stance from the Fed. The REIT owns 96 high-end hotels with lean operating models and generates more than half of its EBITDA in the Sun Belt region. RLJ Lodging Trust is trading at a forward price-to-FFO ratio of only 7.1 and has a healthy balance sheet. User10095428_393 Almost two years ago, I stated that RLJ Lodging Trust (NYSE:RLJ) would probably be an attractive stock to consider if the Ukrainian crisis worsened, as I expected the stock to be severely hit but then recover. Indeed, in late 20

Summary Telephone and Data Systems preferred stock has outperformed the S&P 500 with a total return of 38% in about seven months and still offers a high dividend yield. The decrease in inflation and the outlook for interest rate reductions until 2026 provide a strong catalyst for preferred stocks like Telephone and Data Systems. The company's high debt load and weak business momentum pose risks to the preferred dividend, despite potential sale of the stake in US Cellular. jamesteohart About seven months ago, I rated the preferred stock of Telephone and Data Systems (NYSE:TDS.PR.V) as a "

Summary ArcelorMittal was characterized by highly cyclical performance in the past. However, the company has nearly eliminated its interest expense and has greatly reduced its share count thanks to its blowout earnings in the last three years. As a result, it has greatly improved its mid-cycle earnings per share. The company has a cheap valuation, trading at a low multiple of its expected earnings, and has promising growth prospects. Pgiam/iStock via Getty Images ArcelorMittal (NYSE:MT) incurred the worst accident in its history on October 28th, 2023, when it lost 46 of its employees in Kazakhstan. The stock shed 3% on that day. Since then, the stock has rallied 20% but it has still underperformed the S&P 500 by a wide margin over

Summary HF Sinclair has strong business performance thanks to high refining margins amid the tightening of the global market of oil products caused by the Ukrainian crisis. The stock is trading at only 5.3 times its expected earnings this year. However, earnings per share are expected to decrease in the upcoming years, and the boom in clean energy projects poses a risk for refiners. AEKKARAT DOUNGMANEERATTANA In early October, I rated HF Sinclair (NYSE:DINO) as a "hold", as its strong business performance and its exceptionally low price-to-earnings ratio of 5.4 back then were offset by the risks related to the high cyclicality of the ref

Summary Prosperity Bancshares has underperformed the S&P 500 due to negative market sentiment over regional banks and high interest rates. The bank's conservative business model and resilient performance during the Great Recession make it a reliable investment. Lower interest rates, the booming economy of Texas, and recent acquisitions position Prosperity Bancshares for future growth. Pgiam/iStock via Getty Images About a year ago, I recommended purchasing Prosperity Bancshares (NYSE:PB) for its exemplary management, its promising growth prospects and its cheap valuation. Since my article, t

Summary BMW is benefiting from strong demand for electric vehicles, leading to all-time high operating margins. The company has more than doubled its sales of electric vehicles in each of the past two years and expects further growth in the future. BMWYY is trading at a cheap valuation and offers an attractive dividend yield, making it an attractive investment for patient investors. Wirestock I have always followed the advice of Warren Buffett to avoid the stocks of vehicle manufacturers due to the cut-throat competition in the automotive industry and the excessive amounts the manufacturers need to spend year after year just to come up with new models and remain competitive. However, thanks to technological progress, the business landscape has greatly improved in recent years. Numerou

Summary National Fuel Gas has underperformed the S&P 500 due to milder winter weather and a bearish outlook on the natural gas industry. The company has reduced its sensitivity to natural gas prices and offers a low forward price-to-earnings ratio and high dividend yield. National Fuel Gas has steady production growth, a strong reserve base, and promising prospects for future earnings growth. Pgiam/iStock via Getty Images In 2020, shortly after the onset of the coronavirus crisis, I recommended purchasing National Fuel Gas (NYSE:NFG) for its robust business model, its promising growth pros

Summary American Assets Trust has underperformed the market due to high interest rates and the work-from-home trend. The REIT's retail and multifamily properties have fully recovered, but its office portfolio is still struggling. When interest rates begin to revert to normal levels, the stock is likely to enjoy a triple tailwind; lower interest expense, greater investment in office space and richer valuation. bin kontan Almost two years ago, I recommended purchasing American Assets Trust (NYSE:AAT) for its solid business model and its expected recovery from the coronavirus crisis. No-one could have predicted that a war in Ukr

Summary Ventas, a healthcare REIT, has underperformed the market due to the pandemic and high interest rates. The company is starting to recover, with strong demand for its properties and favorable supply-demand fundamentals. Analysts expect Ventas to grow its FFO per unit by 7% per year, and the stock is reasonably valued with upside potential. Funtap Almost four years ago, I recommended purchasing Ventas (NYSE:VTR) for its promising growth prospects and its attractive dividend yield of 5.5% back then. Unfortunately, a few months later, the coronavirus crisis emerged and severely hurt the REIT. In addition, Ventas has been negati

Summary Globe Life has consistently outperformed the market and offers reliable growth. The company has a strong business model, with consistent earnings growth and a robust performance record. Globe Life is trading at only 10.3 times its expected earnings in 2024. Pgiam/iStock via Getty Images I first recommended buying Globe Life (NYSE:GL) about 12 years ago. Since that article, the stock has outperformed the broad market by a wide margin, as it has rallied 248% whereas the S&P has rallied 214%. Since my first article on Globe Life, I have reiterated my bullish thesis several times, mostly thanks to the exemplary management o

Summary NACCO Industries is currently trading at a cheap valuation level but it has some risks. The company has benefited from the war in Ukraine, but the global energy market has absorbed the effect of the war and the price of coal has plunged. NACCO Industries is investing in a major lithium project to diversify its business and hedge against the decline in coal. Indigo Division NACCO Industries (NYSE:NC) passes under the radar of the vast majority of investors, who prefer to avoid exposure to the industry of coal, which is characterized by a secular decline over the long run. However, the stock has shed 38% in the last 12 months and thus it is currently trading at a trailing price-to-earnings ratio of only 7.9x. This is a cheap val

Summary UMH Properties has improved its debt metrics, making its preferred dividend safer. The preferred stock offers a fixed annual rate of 6.375% and is currently trading at a dividend yield of 7.7%. UMH Properties has exhibited consistent performance and growth over the last five years, with strong business momentum and potential for future growth. naphtalina/iStock via Getty Images About four months ago, I recommended purchasing the preferred stock of UMH Properties (UMH.PD) for its exceptionally high yield and the safety of the dividend. The only point of concern for most investors was the high debt load of the REIT. However, I stated that the debt l

Summary National Storage Affiliates Trust has underperformed the market due to the impact of high interest rates on its interest expense and its valuation. The REIT has room for future growth, a resilient business model and a healthy balance sheet, making it likely to endure the downturn. The stock is currently trading at a nearly 10-year low price-to-FFO ratio and offers a nearly 10-year high dividend yield. bin kontan National Storage Affiliates Trust (NYSE:NSA) has dramatically underperformed the broad market in the last 12 months, as it has declined 21% whereas the S&P 500 has rallied 19% and the Real Estate Select Sector SPDR Fund ETF (XLRE) has shed only 1%. The underperforma

Summary AES Corporation has underperformed in the market due to the surge in treasury yields and its high debt load. AES is not likely to have any problem servicing its debt. The company has been growing its clean energy portfolio at a fast pace. The stock is trading at only 8.1 times this year's earnings and only 6.6 times its expected earnings in 2025. naphtalina/iStock via Getty Images AES Corporation (NYSE:AES) has dramatically underperformed the broad market this year, as it has plunged 51% whereas the S&P 500 has rallied 15%. The reason behind the vast underperformance is the surge of treasury yields to a 16-year high. AES Corporation has a high debt load and hence the surge of treasury yields and the expectations for high in

Summary TechnipFMC has experienced a steep rally in its stock price thanks to accelerated business momentum and promising growth prospects. The company is well protected from potential threats related to shale oil production in the US, as it generates most of its revenue outside of the North American land market. TechnipFMC has secured important contracts and is expected to benefit from the expected growth in global oil and gas production over the next decade. Jeremy Poland After several years of poor business results and daunting stock price performance, TechnipFMC (NYSE:FTI) has begun to enjoy accelerated business momentum this year. Even better, the oilfield services provider has promising growth prospects for the next several yea

Summary Goodyear Tire & Rubber expects the business to recover in late 2023, leading to a low forward price-to-earnings ratio. The company has exhibited poor business performance in the first half of the year due to lower demand and destocking of customers. Goodyear Tire & Rubber has a high debt load and is unlikely to grow its earnings in a sustainable way due to intense competition. JHVEPhoto After a poor business performance in the first half of the year, Goodyear Tire & Rubber (NASDAQ:GT) expects its business to begin to recover late this year. As analysts agree on this outlook, the stock is trading at only 9.1x times its expected earnings in 2024. Suc