5 Best MLP and Pipeline Stocks To Buy Now

Below we presented the list of 5 best MLP and pipeline stocks to buy now. For our detailed discussion and a more comprehensive list please see 12 Best MLP and Pipeline Stocks To Buy Now.

5. Targa Resources Corporation (NYSE:TRGP)

No of HFs: 30

Total Value of HF Holdings: $295 Million

Yield: 1.5%

Targa Resources Corporation is one of the leading providers of midstream services. During the third quarter of 2020, the company reported a distributable cash flow and free cash flow before dividends of $294.7 million and $189.3 million.

The top hedge fund holder of this stock is Steve Cohen’s Point72 Asset Management which had $40 million invested in the stock at the end of September.

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