Is Now a Good Time to Consider Ferrellgas Partners?

Filed under: Stocks to Buy

Ferrellgas Partners LP (FGP), first discussed here on Jan. 28, 2011 at a price of $28.39, briefly tested $29 twice during the winter, before retreating to $25, but I still like the shares. Here's why:



Ferrellgas is the second largest seller of propane in the United States -- a fuel primarily used in areas where natural gas in not available or can not be easily transported.



FGP will likely post a nice 8% to 11% revenue gain in 2011, following a 1% rise in 2010. Sales gains will be supported by slowly increasing prices for propane.

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Is Now a Good Time to Consider Ferrellgas Partners? originally appeared on BloggingStocks on Tue, 29 Mar 2011 17:00:00 EST. Please see our terms for use of feeds.

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