• Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

Lockheed Martin (LMT)

LOCKHEED MARTIN brand logo sign at office building location
DCStockPhotography/Shutterstock

Aerospace and defense giant Lockheed Martin has struggled to maintain altitude this year, but contrarian income investors might want to take a closer look.

Lockheed’s stock has been all over the place, partially because of growth concerns. When your biggest client is the U.S. government, whose defense spending is only increasing in the single digits, getting Wall Street excited about your long-term prospects can be difficult.

But Lockheed’s financials and existing revenue stream are both strong. Moreover, its 3.3% dividend yield is one of the highest of any industrial stock on the S&P 500.

And when was the last time you heard of the U.S. cutting its arms budget?

Burry owned 30,000 Lockheed shares as of Sept. 30, worth an estimated $10.3 million.

Invest in real estate without the headache of being a landlord

Imagine owning a portfolio of thousands of well-managed single family rentals or a collection of cutting-edge industrial warehouses. You can now gain access to a $1B portfolio of income-producing real estate assets designed to deliver long-term growth from the comforts of your couch.

The best part? You don’t have to be a millionaire and can start investing in minutes.

Learn More

Now Inc. (DNOW)

Oil pumps. Oil industry equipment.
huyangshu/Shutterstock

An industrial small-cap alternative to Lockheed is an under-the-radar company called Now Inc.

Now is a global industrial supplies company that distributes, maintains and repairs oil drilling equipment, so it’s no surprise that Now has benefitted mightily from the ongoing rally in the energy market.

The company’s stock is up more than 70% over the past year.

Over the past three years, Now has generated average annual free cash flow production of roughly $208 million.

But Now should have some long-term appeal, too, as the company has plans to diversify into growing sectors like renewable energy and carbon capture.

Burry seems to be high on what Now is offering. He owned 150,000 shares in the company as of Q3 2021.

Scynexis (SCYX)

Medical Research Laboratory
Gorodenkoff/Shutterstock

Scynexis is a biotechnology company that specializes in developing treatments for difficult to treat fungal infections, including those that regularly threaten the lives of hospital patients.

Prescriptions of Scynexis products are increasing, and a growing number of insurers are covering the costs.

Clinical tests show the company’s next big offering, ibrexafungerp, to be effective in treating a wide range of potentially deadly infections.

It may sound niche, but Scynexis’s technology, financials and upward trajectory were enough to entice Burry into buying more than 174,000 shares.

Scynexis shares are up 18% over the past year.

This 2 minute move could knock $500/year off your car insurance in 2024

Saving money on car insurance with BestMoney is a simple way to reduce your expenses. You’ll often get the same, or even better, insurance for less than what you’re paying right now.

There’s no reason not to at least try this free service. Check out BestMoney today, and take a turn in the right direction.

Get Started

There’s more to invest in than stocks

Woman Visiting Art Gallery Lifestyle Concept
Rawpixel.com/Shutterstock

If Burry is correct, and the market is headed for a historic meltdown, you might want to diversify outside of stocks.

Putting your money into real physical assets, like gold or real estate, can help shield your portfolio from extreme market volatility.

But there’s another category of real asset a lot of investors don’t realize they have access to: contemporary art, which has outperformed the S&P 500 by a whopping 175% since 1995.

You don’t have to don a tux and outbid a roomful of millionaires to own a piece of rapidly appreciating modern art.

A popular new investment platform allows you to buy shares in masterpieces by Claude Monet, Andy Warhol and even Banksy.

They won’t wind up on your wall, but they’ll look pretty sweet in your portfolio.

Sponsored

Follow these steps if you want to retire early

Secure your financial future with a tailored plan to maximize investments, navigate taxes, and retire comfortably.

Advisor is an online platform that can match you with a network of vetted fiduciary advisors who are evaluated based on their credentials, education, experience, and pricing. The best part? - there is no fee to find an advisor.

Clayton Jarvis is a mortgage reporter at MoneyWise. Prior to joining the MoneyWise team, Clay wrote for and edited a variety of real estate publications, including Canadian Real Estate Wealth, Real Estate Professional, Mortgage Broker News, Canadian Mortgage Professional, and Mortgage Professional America.

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.