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Roger S. Conrad

Roger S. Conrad needs no introduction to individual and professional investors, many of whom have profited from his decades of experience uncovering the best dividend-paying stocks for accumulating sustainable wealth. Roger built his reputation with Utility Forecaster, a publication he founded more than 20 years ago that The Hulbert Financial Digest routinely ranked as one of the best investment newsletters. He’s also a sought-after expert on master limited partnerships (MLP) and former Canadian royalty trusts. In April 2013, Roger reunited with his long-time friend and colleague, Elliott Gue, becoming co-editor of Capitalist Times. Although the masthead may have changed, readers can count on Roger to deliver unbiased, high-quality research and in-depth analysis of profitable investment opportunities.

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Elliott H. Gue and Roger S. Conrad founded Capitalist Times Premium with a simple goal: to provide individual investors with unbiased, high-quality research and in-depth analysis of profitable investment opportunities....
from Capitalist Times In its fiscal third quarter ended March 31, 2015, Student Transportation (STB) grew its revenue by 13% and its cash flow by 20%. Operating margins also widened to 20.6% from 19.3% a year ago, thanks to lower fuel costs and efficiency gains. In recent years, the company has sought...
SS&C Technologies (SSNC) offers a wide range of software products and related services that address front-office functions such as trading and modeling, middle-office needs such as portfolio management and reporting, and back-office operations such as accounting and performance measurement. The company’s more than 7,000 clients include banks, hedge funds,...
USA Compression Partners LP (USAC) stands to benefit from the growing proportion of U.S. natural-gas output that comes from shale basins. The MLP leases specialized compressors to midstream operators to force natural gas from local gathering systems into the pipeline network. Demand for gas-lift compression also continues to grow. This technology...
This recent energy spin-off has a current dividend yield of 14.80%, paid quarterly. Alon USA Partners LP (ALDW) ?from Energy & Income Advisor Alon USA Energy (ALJ) owns refineries in Louisiana and California that have a combined nameplate capacity of 144,000 barrels per day. The company spun off its 70,000 barrels-per-day Big...
Weatherford International (WFT) Weatherford International (WFT) management indicated that the firm’s planned divestments are on course for completion in the second half of the year and that the onshore rig business would go public in the first quarter of 2015. The company would use the proceeds, along with free cash flow...
Rising demand for aluminum from the U.S. automobile industry bodes well for Century Aluminum Company (CENX). Century Aluminum specializes in smelting and owns six facilities in the U.S. and Iceland. Between late 2003 and mid-2008, China’s insatiable demand for the metal fueled an extended rally in aluminum prices. However, aluminum prices...
Based on past performance, airline stocks deserve their reputation as terrible investments. All three of the major full-service carriers operating today–American Airlines Group (AAL), Delta Air Lines (DAL) and United Continental Holdings (UAL)–have declared bankruptcy at least once. However, investors shouldn’t overlook fundamental changes in the airline industry that have transformed...
Still think utilities are bond substitutes? Check out my table comparing changes in the benchmark 10-year Treasury note yield with 21 years of annual returns on the Dow Jones Utility Average and the S&P 500 Telecom Service Index. Here are the chief takeaways. Both the Telecom and Utility indexes rallied in...
Windstream stock weakened earlier this year when it reduced its revenue growth forecast. The primary reason was integration-related challenges related to the acquisition of Paetec, including longer-than-anticipated times needed to close contracts. That sparked criticism that the company’s policy of investing 11% to 13% of cash flow back into the business...
Investors are dumping dividend paying stocks of strong companies due to misplaced fears about interest rate sensitivity. That’s opening up new opportunities in our favorite stocks, but be patient with prices. “Buy dividend paying stocks when interest rates are falling, and sell when they’re rising:” It’s always somewhat shocking...
Roger Conrad’s Utility Forecaster is one of only nine newsletters on the Hulbert Financial Digest’s 2011 Honor Roll, which recognizes newsletters that outperform in both up and down markets. Below, he analyzes some of the best income...
By Roger Conrad in Canadian Edge: “Extendicare Real Estate Investment Trust (EXE.UN on the Toronto stock exchange or OTC in the U.S. as EXETF) has long caught my eye in the health care space as an owner and operator of long-term care facilities in the U.S....