Master limited partnerships (MLPs) aren't like most stocks. You don't
generally buy these stock (technically, units) for multi-bagger
appreciation potential, but rather for meaningful distributions
(dividends) that also typically come with significant tax advantages.
While I don't suggest that ONEOK Partners, L.P. (OKS)
is one of those aforementioned multi-baggers, I do believe the shares
are at least 20% undervalued today. What's more, the company's sizable
natural gas and natural gas liquids capacity is tough to match, and
multiple ongoing growth projects should lead to greater distributions
down the road.
Please read the full article here:
Amidst Rate And Commodity Worries, Oneok Partners Looks Interesting
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