Capital Product Partners L.P. (NASDAQ:CPLP)
CAPS Rating:
An international owner of product tankers, chartering its vessels under medium to long-term time and bareboat charters to large charterers.
Got Stock?
An international owner of product tankers, chartering its vessels under medium to long-term time and bareboat charters to large charterers.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
I think we're in for a rocky decade or so. I like CPLP because it should do well as long as oil does, and it's a theme I believe in. There are so many stocks in the S&P 500 I want nothing to do with; just energy; just as long as it's good.
I know there will be periods of underperformance for CPLP, and the whole energy complex, having been in and out for much of the last decade. I'm back now, for the long-haul, and getting a 19% dividend at my buy-in price affords me a good deal of patience to be right again.