Got $5,000? Here Are 2 Energy Stocks to Buy and Hold for the Long Term
Demand has swamped supply in the energy space as the global economy continues to pick up steam. That's led to a swift increase in energy prices, and a similarly rapid ascent in the prices of some energy stocks. But don't get too caught up in that near-term rise -- there are still some very attractive long-term opportunities for dividend investors looking at the sector. Here are two that should be on your short list: Enterprise Products Partners (NYSE: EPD) and Royal Dutch Shell (NYSE: RDS.B).
Enterprise Products Partners is a master limited partnership that operates in the midstream sector of the broader energy space. It owns a massive collection of pipeline, storage, transportation, and processing assets in North America that would be virtually impossible to replace or replicate. And, with an over-$50 billion market cap, it is easily one of the biggest names in the space, giving it economies of scale and the ability to undertake projects and transactions that smaller peers couldn't.
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Source Fool.com
