The Protein Shake Top 5

[mrmarket]

Which one of these will be the next $$$MR. MARKET$$$ winner? You'll find out soon....in the meantime, here they are:

ABG

BFR

CBPO

HCLP

MMP

Which one do you like? and why??

[sixfeetfour]

MMP is my preferred pick of the 5.
HCLP seems interesting but more risky based on the signed contracts and associated amendments to the contract.

Keep being HUGE!

[billyjoe]

These are really closely matched . I'll take HCLP with a slight edge over MMP. Both have similar earnings growth and nice dividends. Very impressive charts also.

------------------billy

[mimo_100]

No matter how you analyze the Top 5, it comes down to HCLP and MMP.

Interesting that both of these are limited partnerships. MrMarket has lots of experience in the oil and gas business so I think he will choose one of these.

MMP is more richly valued. I like the HCLP chart better for a 4-6 week timeframe. Also, HCLP has less than 40 million shares outstanding, so it could move either direction in a hurry. I am more familiar with the Marcellus and Utica shale since I live on top of it. HCLP has terminals in central and western PA and Eastern OH servicing the fracking in this area. I like HCLP.

[investorone]

One thing that maybe someone with a tax accounting background can help out on. I've been reading about the LPs and MLPs, and in seeking alpha type threads comments have been made that even in IRA accounts you are liable for tax consequences in the year that you are invested in them. As I too see it as a HCLP vs. MMP "showdown" it would be great to have someone explain the situation before one invests in either. Thanks.

[mimo_100]

Investorone,

I always get tangled up in the legalese. It can be confusing. I think you have to focus on the definitions of business organizations and tax-qualified plans. Here is a good article on business organizations:

https://www.legalzoom.com/articles/llc-or-lp-whats-best-for-your-business

I am more familiar with using a LP for "pass-through" tax benefits, typically in the oil and gas business. Persons in high tax brackets use them for the tax deductions they can get for accelerated depreciation and depletion to name a few.

As a stockholder in a corporation, you have limited liability just like in a LP. But you do not have the "pass-thru" benefits. Note that most groups of attorneys use LLC's today - they have moved away from incorporating.

Tax Qualified Plans

IRA's are a type of IRS qualified plan. This simply means that you contribute to the plan with pre-tax dollars. You do not pay any taxes until you move $$$ out of the IRA. This is how individuals get tax benefits.

You wrote: "...in seeking alpha type threads, comments have been made that even in IRA accounts you are liable for tax consequences in the year that you are invested in them." Whoever said this did not understand IRA's. You never pay taxes on an IRA until you take a distribution.

Seeking Alpha encourages individuals to contribute articles on financial topics. I always take this into consideration when reading anything from their website.

[rickflyboy]

MMP has the best chart

[noshadyldy]

Based only on a quick look at the charts and figures provided on the FINZ site, I like HCLP for a quick in and out. I mean, barring anything really lousy happening in the market/world, get in fast Monday morning and out as soon as it recovers it's latest dip, maybe a dollar or so additional. I like MMP for the longer hold. It's the market highs that scare me though.