No. of Recommendations: 3

... a high-yield (corporate) bubble - so says the Telegraph:

And if you can buy a company that has the ability to cash flow through bad times, and you have faith in your assessment, and they are selling into the bubble by taking on debt, buy the stock.

AT&T fits this bill, as does PT. However, I am having significant doubts about PT's ability to survive the storm coming up in Europe.

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