Better High-Yield Stock: Energy Transfer or Enterprise Products Partners?
If you're an income-oriented investor, you've undoubtedly come across Energy Transfer (NYSE: ET) and Enterprise Products Partners (NYSE: EPD), two high-yielding midstream stocks. The question on many investors' minds is: Which is the better stock to own right now? I think Energy Transfer is the better stock to own, but I own both stocks, and the answer to the question is a bit more nuanced depending on your own situation.Both stocks have attractive yields, with Energy Transfer carrying around a 7.2% yield and Enterprise at 6.8%, as of this writing. However, I think Energy Transfer is the better stock to own right now because it offers more potential upside. That said, for investors who care more about downside protection than upside potential, Enterprise is probably the better option for you.Image source: Getty Images.Continue reading
If you're an income-oriented investor, you've undoubtedly come across Energy Transfer (NYSE: ET) and Enterprise Products Partners (NYSE: EPD), two high-yielding midstream stocks. The question on many investors' minds is: Which is the better stock to own right now? I think Energy Transfer is the better stock to own, but I own both stocks, and the answer to the question is a bit more nuanced depending on your own situation.
Both stocks have attractive yields, with Energy Transfer carrying around a 7.2% yield and Enterprise at 6.8%, as of this writing. However, I think Energy Transfer is the better stock to own right now because it offers more potential upside. That said, for investors who care more about downside protection than upside potential, Enterprise is probably the better option for you.
Image source: Getty Images.
