2024-04-18 09:27:01 ET
Summary
- Energy stocks have been performing well in the rising rate environment, while yield-sensitive niches have struggled.
- The InfraCap MLP ETF has outperformed the S&P 500 Trust ETF, though a pullback has halted momentum.
- AMZA offers exposure to midstream master limited partnerships with high current income and employs leverage and options to generate additional income.
- I highlight key price levels to watch as bullish seasonality continues.
In the face of a rising rate environment, many high-yield equities struggled since the turn of the year. Energy stocks have been solid, though. The broad Energy Select Sector SDPR ETF (XLE) is the best-performing of the 11 S&P 500 areas in 2024, and there has even been some alpha year to date among MLPs that boast high dividend payouts. ...
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For further details see:
AMZA: Taking Stock Of The Recent MLP Pullback, Reiterate Buy