Starwood’s Investing and Servicing segment manages and works out problem assets; acquires and manages unrated, investment grade and non-investment grade rated CMBS comprising subordinated interests of securitization and resecuritization transactions; originates conduit loans for the primary purpose of selling these loans into securitization transactions; and acquires commercial real estate assets that include properties acquired from CMBS trusts.
Starwood Property Trust stock investors receive a 9.37% distribution. The Raymond James price target of $28 is higher than the $24.38 consensus target and Tuesday’s close at $20.32.
Williams Companies
This top energy company is a solid pick for investors who are more conservative and looking for exposure to natural gas and liquefied natural gas. Williams Companies Inc. (NYSE: WMB) operates as an energy infrastructure company primarily in the United States.
Its Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines, as well as natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region. The Northeast G&P segment engages in the midstream gathering, processing and fractionation activities in the Marcellus Shale region, primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio.
The West segment comprises gas gathering, processing and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana and the Mid-Continent region, which includes the Anadarko, Arkom, and Permian basins. It also includes NGL and natural gas marketing operations, as well as storage facilities.
The company owns and operates 30,000 miles of pipelines, 34 processing facilities, nine fractionation facilities and approximately 23 million barrels of NGL storage capacity.
Investors receive a 5.37% dividend. The Raymond James price objective is $42. The consensus target is $37.20. Williams Companies stock closed at $31.44 on Tuesday.
While none of these stocks are likely to make any massive parabolic moves higher soon, they are safer ideas for nervous investors concerned about the potential for inflation to continue to wreak havoc on the economy for the rest of 2023. Plus, we focused on energy, real estate and banking, as these sectors should thrive in the current environment. Note that REIT distributions can contain return of principal.
Originally published at 24/7 Wall St.
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