Cramer: Western Gas Partners a ‘Safe Haven’
Western Gas Partners is a terrific safe haven in this chaotic market, Cramer said Thursday.
WES , a master limited partnership, has about a 4.7 percent yield and has two really important things going for it, the “Mad Money” host noted.
First, he thinks it is one of the safest pipeline plays around. Second, the company has terrific growth prospects.
What’s more, Cramer said Western Gas Partners should be able to increase its payout at a 12 percent compound annual growth rate over the next five years.
To find out more about the company, he sat down with President & CEO Donald Sinclair. Watch the video to hear what Sinclair has to say about Western Gas Partners’future prospects.
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