Are MLPs A Buy After Crude Oil Decline? [SPDR S&P Oil & Gas Explore & Prod. (ETF), United States Oil Fund LP (ETF)]

MLP share prices took a hit in October. At one point, they were down more than 15% from their highs.  They’ve since recovered much of that decline. The JPMorgan Alerian MLP ETN is now trading about 6.5% below its high.

MLP Drop Creates Buying Opportunity

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Source: Yahoo! Finance

Because MLPs are down from their highs, that creates a buying opportunity for income investors. I recommend focusing on MLPs that are in the pipeline business. Specifically, I like MLPs that don’t have their profits tied to the price of crude oil.

This article is brought to you courtesy of Ian Wyatt from Wyatt Investment Research.

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