3 High-Yield Stocks With Virtual Monopolies

Monopoly is an evil word for regulators and customers, but for investors it should fill their eyes with dollar signs. Monopoly-like power, which regulators generally define as a company having at least 70% of market share, gives companies pricing power that generally leads to high margins and fat profits, which in turn are shared with investors through dividends and share buybacks. That makes monopolies particularly appealing for investors.

Below, three of our investors share their top choice for a high-yield stock with a virtual monopoly. See why they recommend Enbridge (NYSE: ENB), Enable Midstream Partners LP (NYSE: ENBL), and Philip Morris International (NYSE: PM).

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Source: Fool.com