MLP Growth Stories Credit Suisse Is Buying

In a new report, Credit Suisse analyst Bhavesh Lodaya initiated coverage on a number of MLPs. Overall, Credit Suisse seems to have a modestly bullish outlook for the space. Here’s what Lodaya had to say about each name.

EQT GP Holdings LP EQGP 3.4% - Outperform

EQT Midstream Partners LP EQM 6.01% - Outperform

Credit Suisse likes EQT’s $3.3 billion organic project backlog in the Northeast, its balance sheet and its “strong parent along with upside from dry Utica.”

Phillips 66 Partners LP PSXP 3.22% - Outperform

Lodaya believes the company is “poised to grab a larger share of the overall organic projects given its growing size and IG balance sheet.” Phillips 66 Partners is the lone upgrade of the bunch, from Neutral to Outperform.

VTTI Energy Partners LP VTTI 3.35% - Outperform

Credit Suisse praises the company’s “fixed, free-based cash flows from [a] geographically diverse asset base.”

Valero Energy Partners LP VLP 3.34% - Neutral

Lodaya’s Neutral rating is…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common SenseI don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!