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The Bond King was partially right, but may have not picked the best companies to invest in.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Bill Gross knows a thing or two about yield. But he may have missed the mark on picking the best high-yield energy stocks. In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a closer look at the sector he picked out, what he got right, and where we think investors should be looking instead. Stocks discussed: Energy Transfer (ET +0.01%), Enterprise Products Partners (EPD +0.01%), MLPX (MPLX +0.01%).
*Stock prices used were from the afternoon of Sept. 20, 2023. The video was published on Sept. 24, 2023.
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