Plains All American Stock Is a Top Pick for Growth and Income

Plains All American Pipeline (PAA) is a top pick for growth and income, according to a recent analysis. The pipeline operator's shares have surged more than 45% over the past year, and it offers a 6.54% dividend yield. PAA's crude oil and NGL segments are poised for growth, backed by long-term contracts and rising throughput. Valued at $18.2 billion, PAA is a master limited partnership engaged in transporting, storing, terminalling, and marketing various energy products across the U.S. and Canada.

The stock currently holds a Buy signal from the Trend Seeker, and has gained 6.12% since a Buy signal was issued on August 18. With a 5-year high of $25.89 and a current price of $25.83, PAA has also gained 45.22% over the past 52 weeks. Analysts have provided a range of ratings from Strong Buy to Strong Sell, with a consensus price target of $25.11.