Getting a Tax Refund? 3 Energy Stocks to Buy With Your Refund Check.
Roughly 40% of tax filers get a refund each year. If that includes you, you might be wondering what to do with that windfall. You could spend it on something nice, use it to pay off some debt, or save it for a rainy day. Investing it is another option. One place to consider putting that money is the energy sector, which offers the potential to earn income and grow the value of your tax refund. Enbridge (NYSE: ENB), NextEra Energy (NYSE: NEE), and Kinder Morgan (NYSE: KMI) stand out to a few Fool.com contributors as excellent energy stocks to consider buying with your tax refund (or any other source of cash you have available to invest).Reuben Gregg Brewer (Enbridge): There are two big dividend numbers when it comes to Canadian midstream giant Enbridge. The first is its lofty 6.2% dividend yield, noting that the S&P 500 is only offering a 1.2% yield and the average energy stock just 3.3%. If you are looking for yield in the energy sector, Enbridge has you covered.Continue reading
Roughly 40% of tax filers get a refund each year. If that includes you, you might be wondering what to do with that windfall. You could spend it on something nice, use it to pay off some debt, or save it for a rainy day.
Investing it is another option. One place to consider putting that money is the energy sector, which offers the potential to earn income and grow the value of your tax refund. Enbridge (NYSE: ENB), NextEra Energy (NYSE: NEE), and Kinder Morgan (NYSE: KMI) stand out to a few Fool.com contributors as excellent energy stocks to consider buying with your tax refund (or any other source of cash you have available to invest).
Reuben Gregg Brewer (Enbridge): There are two big dividend numbers when it comes to Canadian midstream giant Enbridge. The first is its lofty 6.2% dividend yield, noting that the S&P 500 is only offering a 1.2% yield and the average energy stock just 3.3%. If you are looking for yield in the energy sector, Enbridge has you covered.
