Value Investing News

Looking through the 52 week stock lows the other day for some ideas for a new stock purchase I came across a couple of natural gas pipeline companies that had come down in price over the past few months. I looked over several other pipeline companies and found that most were down over the past six months, some were down over 40% so far this year. Here's what if found...

Spectra Energy, a spin-off from Duke Energy, has recently increased its dividend. In recessionary conditions many investors turn to pipeline stocks due to their stable earnings and dividends. This sector rotation is especially true now as commodities are in a bull market cycle.

I know this is old news; Sempra was spunoff from Duke Energy almost a month ago. It was added to the SP500 the day after the spinoff and is still down over 2% in price. Perhaps we should take a closer look at it.