2 Ultra-High-Yield Stocks to Avoid and 1 to Consider Buying
Midstream companies Enterprise Products Partners (NYSE: EPD), Western Midstream Partners (NYSE: WES), and Antero Midstream (NYSE: AM) all pay double-digit-yielding distributions right now because of the volatility and uncertainty in the energy markets. While those sky-high payouts seem alluring, the market has questions about their sustainability, given the massive decline in energy demand as a result of the COVID-19 outbreak.
All three could be at risk if energy demand falls for a prolonged period. However, one is much more durable than the others, which makes it the only option worth the consideration of yield-seeking investors right now.
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Source Fool.com
