Saturday, June 23, 2007

AHEAD of the UPGRADE: BOARDWALK PIPELINE PARTNERS (BWP: NYSE)

BOARDWALK PIPELINE PARTNERS (BWP: NYSE
35.39
+0.20 (+0.57%)


In search of a nice bottom in attractive stocks, we have nothing to hide...c'mon give us a hug!

We always enjoy being ahead of an upgrade :-)

Boardwalk Pipeline Partners initiated with "outperform"Friday, June 22, 2007 6:01:04 AM ETMorgan KeeganNEW YORK, June 22 (newratings.com) - Analyst John D Edwards of Morgan Keegan initiates coverage of Boardwalk Pipeline Partners LP (ticker: BWP) with an "outperform" rating.In a research note published yesterday, the analyst mentions that the company has capital expansion projects worth $3.3 billion, which are likely to come online over the forthcoming couple of years. Boardwalk Pipeline Partners has significant financial support from its parent company Loews Corporation, the analyst says. Boardwalk Pipeline Partners generates stable cash flows, since firm contracts account for 79% of its revenues, Morgan Keegan adds.

DIPfolio gains 4%+ this week on BWP during a bloody tape... Last week's BUY RECO: http://www.buyonthedip.com/2007/06/two-for-thursdaysina-corp-ord-sina.html

1 comment:

Anonymous said...

both SINA and BWP were good calls from that POST....thanks BOTD guys!

still waiting for more option calls....