Investing alongside you, fellow Foolish investors, here’s a selection of stocks that some of our contributors have been buying across the past month!
aberdeen
What it does: aberdeen is an investment company whose clients range from Sovereign wealth funds through to individuals.
By Andrew Mackie. The recent sell-off in aberdeen (LSE: ABDN) pushed the dividend yield on the stock up to an astonishing 11.6%. With it on my watchlist, I simply could not let an opportunity like that go begging. Despite the share price trading at an all-time low when I bought, there were a number of encouraging signs during its FY24 results. Not least that it finally swung back to a profit.
The woes that have beset the company for years are well documented. Investors just couldn’t stop pulling cash out of its under-performing funds and moving into passive strategies, predominantly tracking the Magnificent 7.
Regardless…
