Retirees Should Buy The Dip In These High Yielding MLPs (Part 2)
By Parsimony Investment Research:We believe that MLPs offer retirees (and other income investors) stable yields that are typically higher than those of common stocks. In addition, MLP returns have traditionally had low correlations with stocks and bonds, making them good portfolio diversification assets (especially in times of economic uncertainty).In Part 1 of this series, we highlighted 5 MLPs that currently have a Parsimony Rating over 90. Note that our composite rating ranges from 0 (lowest) to 99 (highest).
As discussed in Part 1, we believe that the recent pullback in the MLP market is offering investors the opportunity to pick up some great MLPs at low-risk entry points. In that spirit, below are our target "Buy Zones" for each of these top-rated MLPs.ONEOK Partners (OKS) is one of our favorite MLPs. Although you can't see it from the daily chart above, the stock is in a very strong long-termComplete Story »