MLPs May Outpace Stock Market: Credit Suisse
Posted on January 09, 2013 at 17:54 PM EST
A record amount of money will be spent this year on energy infrastructure, such as the proposed controversial Keystone pipeline, according to a Credit Suisse report released Wednesday. And that could benefit companies in JPMorgan Alerian MLP Index ETN (AMJ), leading them to outperform this year. Capital spending in 2012 totaled about $30 billion, according to Credit Suisse. Its analyst believes that record could be topped in 2013 at $33 billion or