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Strategies & Market Trends : Value Investing
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To: E_K_S who wrote (76395)10/22/2024 9:58:21 AM
From: Elroy1 Recommendation

Recommended By
Lance Bredvold

  Read Replies (2) of 78717
 
WMB is amazing. I thought this was a high yield blue chip energy stock, which meant (I thought) that when the yield fell to 6% it was getting expensive.

It's now at 3.65%. Money market funds pay more than WMB.

Does it have a growth story? Why does the share price just continue to appreciate, any idea? I didn't think these pipelines could grow much, but they were supposed to be reliable in good times and bad, that was the story.
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