Stock price when the opinion was issued
This is a top 5 company in the pipeline group. Dividend stocks are getting hurt by the fear of rising interest rates. This is a great company with a good record of increasing dividends. This is just the wrong sector right now. He would still hold it for the long term for diversification. Yield 5.3%.
It’s getting set up once again. Goes up about 9% by May, seasonally. We are just entering the period of seasonal strength.