MIC - Macquarie Infrastructure Company

CCdaCE

Full time employment: Posting here.
Joined
Apr 3, 2006
Messages
897
Anyone been looking at Infrastructure Co's or ETF's?

I've been watching this area for about a year - water stocks, etc. One company in particular seems like they'd be worth a shot. But, MIC seems like they sold off a bunch of stuff but I have no idea whether it was the profitable stuff or garbage. Seems like their stock has gotten beaten down, but maybe it's for a good reason - they're not making money, as of late.

Seems like with the economy taking a dump, this sector would have a lower risk, with a lower reward, but better than negative returns?

Yield is sky high (14%), but maybe that's looking backwards (something that won't be sustained?).

I'm biased since my job is infrastructure related.

-CC
 
Back
Top Bottom