DISH Bonds Win Spotlight
High-yield investors should buy the bonds of EchoStar, which are a good value whether or not the company's planned acquisition of rival DirecTV and Hughes is finalized, analysts with Deutsche Bank said.
Deutsche Bank analyst Andrew Van Houten, featured in Reuters' Trade Idea article appearing Monday, said his company likes EchoStar, "whether it ends up being independent or ... ends up combining with DirecTV," With yields in excess of 11 percent, EchoStar's bonds are one of the best "total return" plays in the pay-TV sector, Van Houten said.
EchoStar and DirecTV are working with regulators in Washington, D.C., on their proposed $26 billion merger.
From SkyReport (Used with Permission)
Deutsche Bank analyst Andrew Van Houten, featured in Reuters' Trade Idea article appearing Monday, said his company likes EchoStar, "whether it ends up being independent or ... ends up combining with DirecTV," With yields in excess of 11 percent, EchoStar's bonds are one of the best "total return" plays in the pay-TV sector, Van Houten said.
EchoStar and DirecTV are working with regulators in Washington, D.C., on their proposed $26 billion merger.
From SkyReport (Used with Permission)
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