Global X MLP ETF

MLPA-N

NYSEARCA:MLPA

24.73
0.14 (0.56%)

Analysis and Opinions about MLPA-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 17, 2020

Challenge with buying US ETFs that participate in MLPs is that they're not favourable to a Canadian investor. Withholding tax of 15-30%. Be very, very careful on the MLPs. If you want gas exposure, think about XEG or ZEO. Most bang for the buck would be the HED, with small cap exposure. Small caps have more operating leverage if you're confident gas prices will rise. HOG is a bit more conservative.

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Global X MLP ETF (MLPA-N)
September 17, 2020

Challenge with buying US ETFs that participate in MLPs is that they're not favourable to a Canadian investor. Withholding tax of 15-30%. Be very, very careful on the MLPs. If you want gas exposure, think about XEG or ZEO. Most bang for the buck would be the HED, with small cap exposure. Small caps have more operating leverage if you're confident gas prices will rise. HOG is a bit more conservative.

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Global X MLP ETF(MLPA-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Global X MLP ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Global X MLP ETF(MLPA-N) Frequently Asked Questions

What is Global X MLP ETF stock symbol?

Global X MLP ETF is a American stock, trading under the symbol MLPA-N on the NYSE Arca (MLPA). It is usually referred to as AMEX:MLPA or MLPA-N

Is Global X MLP ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about MLPA-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Global X MLP ETF.

Is Global X MLP ETF a good investment or a top pick?

Global X MLP ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Global X MLP ETF.

Why is Global X MLP ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Global X MLP ETF worth watching?

In the last year, there was no coverage of Global X MLP ETF published on Stockchase.

What is Global X MLP ETF stock price?

On 2020-10-23, Global X MLP ETF (MLPA-N) stock closed at a price of $24.73.