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The Zacks Analyst Blog Highlights: Macquarie Infrastructure, GasLog Partners, Black Stone Minerals and Cedar Fair

Zacks Equity Research
Updated
The Zacks Analyst Blog Highlights: Tilray, Canopy Growth, Cronos and ETFMG Alternative Harvest

For Immediate Release

Chicago, IL – October 31, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Macquarie Infrastructure Co. MIC, GasLog Partners LP GLOP, Black Stone Minerals, L.P. BSM and Cedar Fair, L.P. FUN.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Tuesday’s Analyst Blog:

3 Dividend Stocks to Play It Safe Amid Market Mayhem

Following a political crisis in Sri Lanka on Oct 26 and a far-right candidate winning the presidential election in Brazil on Oct 28, most of the Asia-Pacific markets were down on Oct 29. However, most of the indexes were revived moderately on Oct 30 after the China Securities Regulatory Commission said it would enhance market liquidity and pump more long-term capital into the market.  

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Asian markets have been feeling the heat of U.S.-China trade war since July, but the U.S. sanctions on China’s military significantly impacted the Shanghai Composite Index (SCI) and Hong Kong’s Hang Seng Index (HSI) with losses of 10% and 12.6% since Sep 21.In fact, over the past month, Nikkei 225, ASX 200 and Kospi have lost 14%, 8.3% and 17.3%, respectively.

As the geopolitical and economic tensions could linger and keep the U.S. markets uncertain in the upcoming months, it could be safer to bet on stocks that offer steady dividend payments.

Global Political Uncertainty Could Keep Investors Apprehensive

The U.S.-China trade war has kept the stock markets volatile for months and the recent developments in global politics add to investors’ concerns.

Brazil’s Jair Bolsonaro, a far-right candidate, is set to be the Latin American nation’s next president with 55.5% votes. Bolsonaro will replace leftist Fernando Haddad.

Per a CNBC report, in the aftermath of Bolsonaro’s victory, the Tokyo-listed Brazilian stock exchange traded fund climbed 10.8% following earlier gains of 14%. Brazil’s Bovespa index also gained more than 8% in October, ahead of the presidential election’s second round.

Sri Lankan President Maithripala Sirisena replaced Prime Minister Ranil Wickremesinghe with ex-president Mahinda Rajapaksa last week, giving rise to much violence in the Asian nation.

During Rajapaksa’s tenure as president from 2005-2015, Sri Lanka had borrowed from China to build the Hambantota Port. After his dismissal, Sri Lanka struggled to pay off the debt for a port that attracted no ships to its shores. The highly ambitious project had failed and Sri Lanka was forced to hand it over to China in 2017.

Although Rajapaksa is a pro-China official, his new position failed to cheer Chinese markets on Oct 29.

Why Dividend Stocks are Appropriate Now

The biggest advantage of dividend-paying stocks is the steady stream of income. Also, as most dividend-paying stocks belong to well-established companies that are financially sound, the price performances of these stocks usually don’t fluctuate much.

The revenue-producing operations of these companies are rarely affected to a large extent because of economic, business or geopolitical reasons, making their stocks ideal for investments during market turbulences.

4 Dividend Stocks to Buy

Choosing dividend stocks that carry a Zacks Rank #1 (Strong Buy) or 2 (Buy) could ensure steady returns amid the market mayhem. The companies we picked also have a market capitalization of more than $1 billion.

Macquarie Infrastructure Co. owns, operates and invests in a diversified group of infrastructure businesses, which provide basic, everyday services, in the U.S. and other developed countries. The company bears a Zacks Rank #1 (Strong Buy). Macquarie Infrastructure offers an impressive dividend yield of 10.6% and has a five-year average dividend yield of 6.9%. The company’s five-year historical dividend growth rate is 7.5%.

GasLog Partners LP owns, operates and acquires LNG carriers with multi-year charters. The company charges customers for the transportation of their LNG using its LNG carriers. GasLog sports a Zacks Rank #1 and offers a dividend yield of 8.4%. The company has a five-year average dividend yield of 8% and five-year historical dividend growth rate of 13.3%.

You can see the complete list of today’s Zacks #1 Rank stocks here.

Black Stone Minerals, L.P.  is a natural gas and gas company in the United States. The company carries a Zacks Rank #2 (Buy) and offers a robust current dividend yield of 8.1%. Black Stone has a five-year average dividend yield of 6% and a five-year historical dividend growth rate of 39%.

Cedar Fair, L.P. and its affiliated companies own and operate five amusement parks: Cedar Point, Knott's Berry Farm, Dorney Park & Wildwater Kingdom, Valleyfair, and Worlds of Fun/Oceans of Fun. The company offers a dividend yield of 7.2% and carries a Zacks Rank #2. Cedar Fair has a five-year average dividend yield of 5.5% and its five-year historical dividend growth rate is 6%.

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See Zacks' 3 Best Stocks to Play This Trend >>

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


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GasLog Partners LP (GLOP) : Free Stock Analysis Report
 
Black Stone Minerals, L.P. (BSM) : Free Stock Analysis Report
 
Macquarie Infrastructure Company (MIC) : Free Stock Analysis Report
 
Cedar Fair, L.P. (FUN) : Free Stock Analysis Report
 
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