3 Master Limited Partnerships to Own Even With Low Energy Prices
Cumberland Advisors Chairman and Chief Investment Officer David Kotok says he would consider buying the First Trust ISE Revere Natural Gas ETF (FCG) if natural gas prices level out.
Cumberland Advisors Chairman and Chief Investment Officer David Kotok says he would consider buying the First Trust ISE Revere Natural Gas ETF (FCG) if natural gas prices level out. Even though oil prices have bounced off their lows, Kotok remains at maximum underweight in the energy sector, an usual position for his firm. Kotok tells TheStreet's Rhonda Schaffler that there is still downside risk to prices due to overproduction and a lack of demand. While he doesn't hold any energy stocks or ETFs, he does like select master limited partnerships and holds the iShares Dow Jones Transportation Average ETF (IYT).









