aDECEMBER 18, 2008 (Dow 8605, down 219) - Bush's indecision regarding the auto bailout snd the potential ratings downgrade of GE's debt hurt the market today. Sharp moves down in oil contributed to fears of a deepening global recession. The chemicals are the biggest beneficiaries of lower oil prices. The newspaper stocks are toxic.
oil/gas pipeline co cannot be cut off by Iran - has a safe 6.3% dividend yield - expect payouts to increase by 2010 - stock would benefit from any problem with Iranians
favorite pipeline co - good dividend yield - a buy
47.12
-10.74%
10/17/08
still recommending - safe dividend
51.48
-2.48%
10/23/08
master limited partnership (natural gas pipelines) now pays an 8.7% dividend yield - over the last 10 years the payments have increased by 15%/yr - even if the stock goes nowhere you will double your money in 8 years with dividend reinvestment - you pay no taxes on distributions - CEO interviewed: we are a low risk investment - we operate on long term contracts - the price of natural gas doesn't affect us - expect continued growth in distributions to shareholders - Cramer says it's better than 99% of the stocks he follows
50.77
-3.83%
11/20/08
still like it even with oil prices falling
43.95
-16.75%
12/03/08
favorite pipline play
46.45
-12.01%
12/08/08
like it in this market - has a safe 8.7% dividend yield even with lower oil/gas prices
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