I've told you before about the opportunities in international companies...
Dozens of countries are growing their economies at faster rates than the United States. The CIA World Factbook ranks the United States near the bottom in world gross domestic product growth -- number 172 of 214 countries/territories. That's not all.
Many of these countries are more fiscally disciplined. Out of 210 nations and territories that report data, the United States' annual deficit of nearly 9% ranks near the worst, at number 192.
Meanwhile, I've told you time and again about many of the income opportunities abroad. At last count, 1,716 profitable foreign companies paid yields of more than 6%... compared to just 131 U.S.-based companies.
(For more on the high-yield opportunities found in foreign markets, visit this link.)
It should be little surprise, then, that the best-performing income stock so far this year is a foreign company paying a yield of more than 7% (and you can buy the stock right here on the NYSE).
This company is small. Its market capitalization is only about $400 million and it trades fewer than 200,000 shares a day... about what Apple (Nasdaq: AAPL) trades in four minutes.
Despite its small size and being relatively unknown, Tsakos Energy Navigation (NYSE: TNP) has seen its stock rise 73% this year alone...
Tsakos is one of the largest tanker-leasing companies in the world. In total, it owns nearly 50 vessels that ship crude around the globe. So what's driving the stock's rise?