Down 14% From Its High, Is Genesis Energy a Buy?

The pipeline stock universe is littered with large-cap companies, many of which are familiar to income investors. So it stands to reason that amid a recent tidal wave of midstream payout increases, some companies go overlooked.Such is life for Genesis Energy (NYSE: GEL), a small-cap provider of pipeline infrastructure services. The stock is off nearly 14% from its 52-week high, confirming a correction. However, the stock jumped 7% over the past month, perhaps signaling the worst is behind it and momentum is on its side.This high-dividend stock is in a correction, but it's starting to bounce back. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool