Is Plains All American Stock a Millionaire Maker?
Midstream energy company Plains All American Pipeline (NASDAQ: PAA) has a lofty 8.3% distribution yield -- and that's likely to be the big draw for income-oriented investors.
However, there are a few wrinkles here that need to be considered before you hit the buy button on this high-yield stock, thinking it will make you a millionaire. A lower-yielding competitor might, in fact, end up being a better choice.
Let's dive in and see why.
Source Fool.com
