Global Income Edge Aggressive Portfolio Holding Macquarie Infrastructure (NYSE: MIC) has been raised to a #1 Best Buy, replacing Orange (NYSE: ORAN) which was sold for a 24% gain in late February.

The greatest new income opportunity of our generation is developing in the U.S.: Investing in companies that will replace and enhance America’s aging infrastructure, and one of those companies is Macquarie Infrastructure.

With a yield of 5.05%, we’re raising our price target on MIC to 90

Also, Alliance Bernstein (NYSE: AB) is now our #3 Best Buy, replacing PDL BioPharma, which is a play on drug patent revenue.

With a dividend yield of  7.62%, Alliance Bernstein offer much more promise as growth returns in the U.S. and around the world as the baby boomers retire in the U.S. and seek retirement advice and as do wealthier families in emerging markets.  AB is a Buy up to $30.

Conservative Portfolio holding Pearson (NYSE: PSO), the parent of the Financial Times and a major force in education products and services, has been leading the portfolio with gains of almost 20% since we added it to the portfolio on Nov. 14 last year.

Pearson will clearly benefit from growth in Europe, and in the U.S. The company generates about 60% of its sales from in North America and three quarters of its revenues from education. Pearson’s CEO said: “”It feels like we have now passed a tipping point. This year we expect to grow again very healthily and we expect to sustain that growth in future years.”

The company forecasts earnings per share of between 75 pence ($1.12) and 80 pence ($1.19) in 2015, up from 66.7 ($.99) pence this year. Pearson has proposed a fiscal year dividend of 51 pence (.76) a share, up 6% from a year earlier.

We are raising our price target on PSO to $30.