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My list of preferred stocks is here--

https://spreadsheets.google.com/ccc?key=0ArC7PlrDoTbpdFFqbTh...

Most of the investment quality ones are now priced at a premium over their call price. That makes them risky investments. Many of the better ones have been called--now that low interest rates makes alternative financing easily available to many issuers.

So I would suggest that one needs to be very selective. Dividend paying stocks are probably safer.
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