Here's Why Enterprise Products Partners Is a No-Brainer Midstream Stock
Enterprise Products Partners (NYSE: EPD) has a very attractive distribution yield of 7.3%. But a big yield alone doesn't make an excellent investment, noting that there are plenty of high yields that end up being little more than yield traps. Only Enterprise isn't your run-of-the-mill income stock. Here are a few reasons why the passive income stream you can collect here is a no-brainer in the midstream sector.
While Enterprise isn't the largest energy midstream player in North America, it is pretty close to it. In fact, it is notably larger than most of the biggest names in the industry, as the market cap chart below shows.
EPD Market Cap data by YCharts.
Source Fool.com