Smooth Pipeline Operators
The transport subsector of energy is one that I've followed closely this year. In this volatile equity market, many advisors seeking yield have steered clients into pipeline master limited partnerships (MLPs), many of which have shown decent year-to-date price appreciation.
Enterprise Products Partners (EPD) is up nearly 18% for 2012. The stock cleared a classic double-bottom base in July, and it has been trending along its 10-week line, forming a shallow consolidation below its July 20 all-time high of $54.98....410 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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