Hidden Gems in the Junk Bin
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Submitted by George on Tue, 2007-08-07 09:04.
(via online.barrons.com)
Some junk bonds tarnished by the recent fixed-income rout have nonetheless become more valuable as yields rise. A look at reasonably safe gems that amply reward for risk, including Neiman Marcus and MGM Mirage. Plus, two names to avoid.