Pipeline MLPs have powered higher this year following a painful across-the board downturn in 2014 and 2015. Darin Turner, portfolio manager at Invesco IVZ, said the recovery in MLP shares is not complete, especially in names like Rice Midstream Partners (RMP) , Energy Transfer Partners (ETP) , Plains All American Pipeline (PAA) and Williams Partners (WPZ) . Turner is also bullish on Energy Transfer Partners, which has seen its shares rise 23% so far in 2016. He said the continued simplification of the company's structure will drive the stock forward. "This is the cheapest MLP around trading at 16 times next year's estimated earnings and the 11% dividend yield does not hurt either," said Turner. Finally, Turner is a fan of Williams Partners, up 46% year-to-date, saying it owns "the best natural gas pipeline in Transco" and that is the reason why acquirers are interested in the company.
More from Video
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.
Takeda Pharmaceutical CEO Talks Big Pharma Trends
One of pharma's biggest CEO's talks M&A action on the exchange.
Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment
Citi overcame a mixed print to send its stock surging on Monday.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.