Grant Is Bullish On WLKP Despite New IRS Rules – ValueWalk Premium

Grant Is Bullish On WLKP Despite New IRS Rules

Two months ago shares of Westlake Chemical Partners LP lost a third of its value, falling from $28.75 to $19.21, in just ten days after the IRS proposed new rules that would strip the company of its master limited partnership (MLP) status. Jim Grant of Grant’s Interest Rate Observer argues in the publication's latest issue that this is an overreaction and that the stock is now attractively priced (n.b. he wrote the article at $23, WLKP now trades at $24) regardless of . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds. 📈

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

Sign up now. 👇

CLICK HERE TO TRY IT OUT

 

0