Frontier Communications Corp (FTR)

He would not be a buyer. People are investing to chase yield. This pays a 11.5% dividend yield and people are scrounging for income anywhere. You are taking on a lot of risk to get that yield. Frontier bought a tremendous amount of assets from Verizon several years ago, and have finally completed the integration. To do that they have taken on a tremendous amount of debt. There are more and more customers that are cutting the cord and are going to over-the-top type of video service.

Thinks the Dividend yield of over 11% is safe, but questions if there will be any appreciation in the stock. You might see the stock continue to remain under pressure. He would be on the sidelines with this.

On his Stock Watch list. Pays a lovely dividend of about 8%. Have done a number of takeovers in the past few years, and often have taken over older technology, but you can still make a lot of money on that. He likes the company, but not enough to buy. Has a pretty heavy debt load that you have to be wary of.