MLPs: The Place to Be in a Vicious Market

Source:

"A portfolio of master limited partnerships that yields roughly 6% is there for the asking."

MSN Money, Jim Cramer

Someone listened to the Federal Reserve chief, who gutted any opportunity to make money in treasuries, and went and got some yield. That's the only explanation that I can come up with for the incredible resurgence in master limited partnerships Wednesday. On a day when the Dow tanked more than 500 points, almost all were up, as witnessed by the moves in Enterprise Products Partners, Markwest Energy and Energy Transfer Partners.

I don't care that I sound like a broken record about yield, but a portfolio of master limited partnerships that yields roughly 6% is there for the asking. These MLPs are amazing in their comebacks, as anyone who bought Linn Energy the other day, catching a monster move, knows. . .View full article

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe