1 High-Yield Dividend Stock That Could Have Monster Upside in 2020
Rattler Midstream (NASDAQ: RTLR) has gotten off to a bit of a rocky start as a public company. Shares of the energy company are down about 20% since the initial public offering (IPO) earlier this year. That slump comes even though Rattler has delivered excellent performance so far. Not only have its earnings soared, but it has also initiated a dividend -- which currently yields 8.8% -- and secured a couple of needle-moving growth opportunities.
Those new investments, when combined with the embedded growth of its legacy midstream operations, have Rattler on track to generate high-octane earnings growth in 2020. Add that upside to its lower price, and it could generate big-time total returns in the coming year.
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Source Fool.com
