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Fly News Breaks for December 8, 2015
GPP, ETP, ENLK, NGLS, OKS, SXL, PAA
Dec 8, 2015 | 09:17 EDT
Baird noted the selloff in the MLP space has accelerated, causing dislocation and irrational pricing. This provides a quality entry point for investors that use a basket approach, avoid leverage, and buy 8% yields, the firm contends. Baird said looking at the 10 worst MLP days on record shows that the stocks have always been higher a year later.
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