Via alligatorinvestor.wordpress.com/:
Summary: The Calumet Lubricants Co. has been around a long time, but Calumet Specialty Products Partners LP stock (CLMT) has only a year of trading history as a unique entity. The chart looks great. CLMT has been making new 52-weeks highs, and it is easy to see why. The L.P. units are yielding close to 5.5% and the valuation numbers look quite good. This security has been trading with a relatively high correlation to the financial, consumer staples and consumer discretionary sectors, and a relatively low correlation to the energy, technology, and health care sectors. I have some reservations about jumping in because of the lack of long-term financial data, and I anticipate widespread weakness in the stock market, but I would consider buying CLMT after a pullback....
$44.56 (02/12/07)
