Ultra-high-yield stocks can be an interesting place to look if you’re a deep-value investor who’s willing to embrace the much-heated, hard-hit names that others have written off.
And while some yield seekers may not wish to bet on “turnaround” plays, I do think that the potential rewards from betting on such neglected stocks could more than justify the amount of risk taken.
This post originally appeared at 24/7 Wall St.