Icahn Enterprises: Don't Chase The 24% Yield
IEPIcahn Enterprises(IEP) Seeking Alpha·2024-05-31 19:32

A man who, like Carl Icahn, enjoys positive cash flow. Bambu Productions Icahn Enterprises (NASDAQ:IEP) is a legend in the world of high yield stocks. Boasting a massive 24% yield, it gets the yield hunters salivating. Although the stock gets a mere hold rating from both Seeking Alpha authors and Seeking Alpha Quant, it is a star on Wall Street, with a consensus ‘buy’ rating and no sell ratings! On the surface, it’s somewhat hard to figure out what those bullish IEP are thinking. The company would appear to ...