2 Dividend Stocks to Stay Away From -- and 1 Worth Buying
More often than not, dividend investors focus their attention on a stock's current yield instead of its ability to sustain that income stream over the long term. As a result, they can end up getting burned when those payouts flame out.
That future pain seems likely for investors in Sunoco LP (NYSE: SUN) and Targa Resources (NYSE: TRGP) since their payouts appear to be on shaky ground. That's why investors should stay away from those high-yielders for now and instead consider Crestwood Equity Partners (NYSE: CEQP), which offers a rock-solid payout with visible growth coming down the pipeline.
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Source: Fool.com
Crestwood Equity Partners L.P. Stock
€6.08
38.190%
Our community is currently high on Crestwood Equity Partners L.P. with 3 Buy predictions and 0 Sell predictions.
Based on the current price of 6.08 € the target price of 28 € shows a potential of 360.6% for Crestwood Equity Partners L.P. which would more than double the current price.
