Is Sunoco Stock a Buy?
The recent market sell-off has hammered fuel distribution master limited partnership Sunoco (NYSE: SUN). It's down about 60% from its recent high. That sell-off has pushed the yield on its distribution up to an eye-popping level of more than 20%.
That sky-high payout probably has income-seeking investors wondering if Sunoco is a screaming bargain or a dividend yield trap. Here's the case for and against buying the fuel distribution company these days.
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Source Fool.com
