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Coverage of LinnCo (LNCO) is launched at several firms with neutral ratings (I, II, III), but...

  • Wednesday, November 21, 2012, 12:19 PM ET
    Coverage of LinnCo (LNCO) is launched at several firms with neutral ratings (I, II, III), but UBS starts at Buy with a $41 target price. LNCO was created by Linn Energy (LINE) to convert LINE's K-1 distribution to a 1099 qualified dividend and expand its investor base to MLP-adverse clients, and to create another LINE currency to accelerate its acquisition-driven growth strategy.
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This news story has 3 comments:

  •  
    does that mean we dump LINE and go after LNCO?
    22 Nov 2012, 03:21 AM Reply Like
  •  
    No don't dump Line....buy LNCO in retirement account and Line in taxable account.Both have super yield.
    23 Nov 2012, 07:12 PM Reply Like
  •  
    if you can get the dividend as a qualified dividend, what is the advantage in having it in a deferred account i.e. IRA. Doesn't any return get taxed at ordinary rates vs. the currently lower dividend rate?
    26 Nov 2012, 02:04 AM Reply Like
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