Bullish MACD for BIP – Tale of the Tape (BIP)

Brookfield Infrastructure Partners L.P.’s (BIP) MACD indicator has entered into bullish territory with a reading of 0.2960. The Zacks #1 Rank (“Strong Buy”) stock increased slightly to $26.91 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 5 cents over the past week to $2.42 per share.