The giants in the midstream pipeline sector are bellwether Kinder Morgan, Inc. (NYSE:KMI) and limited partnership Enterprise Products Partners LP (NYSE:EPD). However, relatively tiny Phillips 66 Partners (NYSE:PSXP) and its 5.6% yield may be the better deal for investors today. Here's why.
Background on the businessPhillips 66 Partners went public in 2013. The purpose of the partnership was, essentially, to buy midstream assets from independent refiner and general partner Phillips 66 (NYSE:PSX). This allowed parent Phillips 66 the opportunity to raise cash it could invest in its business while retaining control of vital assets, since it effectively controls the partnership. Phillips 66 Partners and its unitholders, meanwhile, benefit from a supportive parent that is willing to grow the partnership by selling it additional assets. Those assets, in turn, fuel distribution growth over time.
Image source: Getty Images.
Top Growth Stocks To Own For 2019: Zillow Group, Inc.(Z)
Advisors' Opinion:- [By Steve Symington]
But shares of some individual companies fell nonetheless. Read on to learn why Zillow Group (NASDAQ:Z) (NASDAQ:ZG), Pier 1 Imports (NYSE:PIR) and Chipotle Mexican Grill (NYSE:CMG) underperformed the market today.
- [By Steve Symington]
Late last week, Zillow Group Inc. (NASDAQ:Z)(NASDAQ:ZG) announced two public offerings to raise a whopping $650 million -- half from issuing just over 5.7 million new Class C capital shares at $57 apiece and the other half in the form of 1.5% senior convertible notes due 2023. After accounting for costs and expenses from the offerings, that could bring Zillow's net windfall to nearly $725 million.
- [By Motley Fool Staff]
In this segment from MarketFoolery, host Chris Hill is joined by Motley Fool Asset Management's Bill Barker to discuss Zillow Group's (NASDAQ:ZG) (NASDAQ:Z) latest quarterly results. It missed analysts' revenue expectations, which investors never want to hear, but revenue guidance was also weak, and that set the stock up for a serious plunge.
- [By Steve Symington, Anders Bylund, and Rich Duprey]
We asked three top Motley Fool investors to weigh in to that end. Here's why they like Under Armour (NYSE:UA)(NYSE:UAA), Helios & Matheson (NASDAQ:HMNY), and Zillow Group (NASDAQ:Z)(NASDAQ:ZG).
- [By Steve Symington, Anders Bylund, and Rich Duprey]
So we asked three top Motley Fool investors to each discuss a growth stock that they think investors should consider buying now. Read on to learn why they like Zillow Group (NASDAQ:Z)(NASDAQ:ZG), Red Hat (NYSE:RHT), and Roku (NASDAQ:ROKU).
Top Growth Stocks To Own For 2019: Sonoco Products Company(SON)
Advisors' Opinion:- [By Joseph Griffin]
Douglas Lane & Associates LLC purchased a new position in shares of Sonoco Products Co (NYSE:SON) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,354 shares of the industrial products company’s stock, valued at approximately $242,000.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Sonoco Products (SON)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Bank of New York Mellon Corp reduced its stake in shares of Sonoco Products Co (NYSE:SON) by 0.6% during the second quarter, HoldingsChannel.com reports. The firm owned 1,368,324 shares of the industrial products company’s stock after selling 8,435 shares during the quarter. Bank of New York Mellon Corp’s holdings in Sonoco Products were worth $71,838,000 at the end of the most recent quarter.
Top Growth Stocks To Own For 2019: Baidu Inc.(BIDU)
Advisors' Opinion:- [By Danny Vena]
Video streaming company iQiyi (NASDAQ:IQ) recently spun off from Baidu (NASDAQ:BIDU), and the market is taking notice. In this week's episode of Industry Focus: Tech, host Dylan Lewis and Motley Fool contributor Danny Vena explain why iQiyi is so exciting and what investors should know about the company before digging in.
- [By Brian Stoffel]
Chinese search giant Baidu (NASDAQ:BIDU) went public in 2005. After stumbling out of the IPO gate, it experienced the type of run-up that can create dynastic wealth for patient investors. Between early 2006 and mid-2011, shares of the company advanced 3,000%. In other words, in just five years, you could have turned a $10,000 investment into $300,000!
- [By Rick Munarriz]
One of last week's big winners was iQiyi (NASDAQ:IQ). Shares of China's leading streaming video provider moved 13.47% higher for the week, fueled largely by a general bounce in Chinese growth stocks. iQiyi also benefited from being tapped for a pair of prolific company lists, but it was essentially a big week for China's dot-com darlings to recover after tariffs-related weakness in recent weeks. Even a slight diss within a bullish analyst note on Baidu (NASDAQ:BIDU) couldn't hold the stock back.
- [By Chris Johnson]
Based on my Best in Breed (BIB) analysis, I am most bullish on Nvidia Corp. (Nasdaq: NVDA), while I consider Baidu Inc. (Nasdaq: BIDU) to be the less attractive of the two.
- [By Keith Noonan]
The increasingly bold red ink is a doozy, even when taking iQiyi's connection to parent company and Chinese search giant Baidu (NASDAQ:BIDU) into account. And a half-billion-dollar operating loss might reasonably be expected to have driven sell-offs after earnings. Instead, shares have climbed roughly 20% after the release -- and another huge number that was hinted at in the company's conference call likely has a lot to do with the big gains.
- [By Rick Munarriz]
Baidu (NASDAQ:BIDU) has been in the market's doghouse for a few months, and it remains to be seen if mixed financial results and putting out guidance calling for slowing top-line growth will be enough to get it back on track to become a market darling again. China's leading search engine announced fourth-quarter results shortly after Thursday's market close.
No comments:
Post a Comment