| Dear Reader, US tech stocks and our local equivalents keep pushing higher… …bringing out another bout of FOMO amongst some market participants. Leave ‘em to it, I say! While there might be plenty of action going on in the tech space, there is SOLID VALUE on offer elsewhere. You just have to be prepared to not have the support of ‘the market’ when looking for these opportunities. It’s really a simple equation… Popular equals expensive. Unpopular equals cheap. That’s obviously a generalisation. But you get the sentiment. With that in mind, I want to bring your attention to a specific stock on the ASX 200. It’s part of my Royal Dividend Portfolio. But it’s actually been on my recommendation list for some time. We’ve made great returns on it, taken some profits, and also seen the share price fall this year. But those falls have reached a point where the value is now compelling. And the chart supports the view that the lows could be in. It’s part of my Royal Dividend Portfolio because of its income component. While not every stock in your portfolio needs to pay a dividend, this is a good time to make sure you have a solid income stream flowing through. With cash rates at their highest in more than a decade, dividend yields are also attractive. But the attractive dividend yield on this particular stock…and each entry in my Royal Dividend portfolio…is not the main reason for the recommendation. Put simply, the stock now represents very good value. The high dividend yield is just a reflection of that. Click here to learn more. Regards, Greg Canavan,
Editorial Director, Fat Tail Investment Research | 
