Plains All American Pipeline Stock Forecast: Use The Current “Fiasco” As An Entry Point (PAA)

PAA Stock Forecast


  • The recent earnings report and oil spill inpaa stock forecast California have caused Plains’ stock price to drop, presenting an interesting investing opportunity.
  • Midstream MLPs such as Plains are attractive investment choices in the energy sector due to their limited exposure to volatile oil prices.
  • Oil rig counts are expected to start increasing during the second half of the year, and the company expects to meet its earnings estimates from February for the current fiscal.
  • I Know First Predictive Algorithm is bullish on Plains for the second half of 2015 and beyond.

Plains All American Pipeline L.P. (NYSE: PAA) is a midstream MLP (master limited partnership) that engages in the transportation, storage, and marketing of crude oil. While recent events have caused the stock price to dip, the company’s overall health is still strong and the dip in the stock price is an overreaction. The stock price will recover, making now a great time to invest in this company.

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