Cramer's Top Notch Energy Stocks
Jim Cramer is a highly regarded stock analyst, and many investors pay close attention to his recommendations and feedback. He often comes up with lists of stocks to choose from, and this time he has done it again. Insider Monkey has found the high dividend energy stocks that Cramer is currently swooning over.
" 1. Energy Transfer Partners (ETP): Energy Transfer Partners provides natural gas midstream and intrastate transportation and storage services in the United States. Cramer repeated his buy recommendation of ETP twice during the last 30 days. ETP recently traded at $42.9 and has an 8.33% dividend yield. ETP lost 3.55% during the last 12 months. The stock has a market cap of $9 billion and P/E ratio of 26.8. Jim Simons holds the largest ETP position among the funds we are tracking (check out Jim Simons’ favorite stocks here).
2. Linn Energy (LINE): Linn Energy is an independent oil and natural gas companyoperating in the United States. Cramer repeated his buy recommendation of LINE once during the last 30 days. LINE recently traded at $35.74 and has a 7.72% dividend yield. LINE gained 32.27% during the last 12 months. The stock has a market cap of $6.3 billion.
3. NuStar Energy (NS): NuStar provides terminaling, storage and transportation of petroleum products. Cramer repeated his buy recommendation of NS once during the last 30 days. NS recently traded at $57.21 and has a 7.66% dividend yield. NS gained 5.71% during the last 12 months. The stock has a market cap of $3.7 billion and P/E ratio of 18.3. Jean-Marie Eveillard First Eagle holds the largest NS position among the 300-plus funds we are tracking."
Find additional Cramer picks here: http://turnkeyoil.com/2011/08/24/cramers-top-notch-energy-stocks/