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10% Yield and Bill Gross Endorsement Make Western Midstream Partners (WES) a Standout MLP Pick for Income Investors

Based on the analysis provided, Western Midstream Partners (NYSE: WES) stands out as a promising investment opportunity in the pipeline master limited partnership (MLP) space. With a juicy dividend yield of 10% and a recent endorsement from prominent investor Bill Gross, WES offers attractive income potential for investors. However, the author suggests that while there are many options in the stock market, investing in MLPs provides exposure to the high-growth energy sector without the same level of volatility and risks associated with other opportunities in the tech and healthcare sectors. The author also notes that WES’s fee-based revenue model and strong free cash flow make it a compelling choice for passive income investors seeking a healthy mix of growth, dividend income, and predictability. While the author acknowledges that there are other promising stocks to consider, such as Nvidia, they suggest that for investors looking for a well-rounded portfolio, Western Midstream may be a standout option. Ultimately, the author encourages readers to carefully consider WES before making a decision to invest.

[Note: The author makes a passing reference to The Motley Fool Stock Advisor service, which offers investors guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. However, the author does not explicitly recommend purchasing WES as a result of this service.]

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