Seeking Alpha

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

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.
Comments (3)
  • 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
DJIA (DIA) S&P 500 (SPY)