In low-yield world, preferred securities add pop and diversification

Brian Dress, director of research at Left Brain Investment Research, says that investors looking for growth in a pricey market during times of higher inflation and heightened stock prices should consider preferred securities as a means of diversifying their holdings in pursuit of yield while responsibly taking on interest rate risk. He highlights New Residential Investment's preferred securities, one of roughly two dozen investment ideas generated in the space by Jarvis, Left Brain's proprietary research system.