KNOT Offshore Partners (KNOP)

[jugs]

Another day, another strong move higher. Folks don't know about this great find. Too bad as it's easy money, an easy-to-understand pick and it's growing organically.

Coverage is good enough to sustain the distributions and today's vessel acquisition news resonates with me.

My opening purchase was 200 units at the end of September, 2016. Annually the gain comes out to 17%. Given circumstances I believe will bring about further increases in valuation, I believe the return on capital will exceed 25% this year.