1 High-Yield Pipeline Stock Investors Keep Underestimating
Oneok's ongoing strength may be catching even the most devoted investors off guard.
Overview
There's no shortage of pipeline stocks delivering the goods for investors this year, including an array of familiar, high-yield, large-cap names.
Up 30.6% this year, Oneok (NYSE: OKE) is performing more like a traditional oil stock (or even a high-growth tech stock) than a sleepy natural gas transportation outfit. In fact, Oneok is beating the Alerian Midstream Energy Select Index, a gauge in which the stock is the fifth-largest component, by 68 basis points year to date.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.