Week 36, 2020

For Monday, August 31, we will keep a stock from Week 9 – Associated Banc-Corp (ASB). The most recent numbers are improving and I see no reason not to continue to hold this position. The current yield is 5.15%

Next up is Houlihan Lokey (HLI). Revenues are down since we last traded this investment bank in March, but management seems to be on their A game and it looks as if they’ll recover without issue. The current yield is 2.2%.

Home Depot (HD) gets the mid-week slot. The largest home improvement retailer in the US had sales of over $38 billion last quarter, which was more than 20% greater than the year before. They’re handling COVID just fine. The current yield is 2.09%.

Another holdover, American National Bankshares (AMNB), this time from Week 10, will get the Thursday pick. Last quarter’s earnings look good and with 111 years of business under their belt, I’m willing to hang on to the position. The current yield is 4.65%.

Finally, we’ll close out the week with NIC, Inc. (EGOV). They help more than 6000 federal, state and local governments around the country build software. Last quarter saw increases in both revenue and operating income while net profits were down “driven primarily by volume declines” due to COVID. The current yield is 1.65%.