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Macquarie Infrastructure Co. (NYSE: MIC)

 

Macquarie Infrastructure Company was founded in 2004 and owns, operates, and invests in infrastructure businesses. MIC’s businesses consist of airport services (Atlantic Aviation), a 50% interest in International-Matex Tank Terminals (IMTT), which is one of the largest bulk liquid terminals in the U.S., a synthetic natural gas (SNG) and liquefied petroleum gas (LPG) processing and distribution business (Hawaii Gas), and a number of contracted power and energy investments, such as five solar power generation facilities and two wind power generating facilities.

 

Income Investor

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Buy. MIC has a diversified portfolio of businesses that offer defensive attributes and steady cash flow generation. - Michael Corcoran

Current Advice

Buy

Consult your broker/advisor


Capital Gain/Loss

-53.1%

Recommended

June 25, 2015
Michael Corcoran

$86.48

tii1512


Updated

January 17, 2019

$40.54

tii1901

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MIC was first recommended here on June 28, 2015