The Smartest High-Yield Energy Stock to Buy With $500 Right Now
If you have $500 and want to generate some income with that cash, one of the first places you should look is Enterprise Products Partners (NYSE: EPD). A big reason why is the huge 7.1% yield on offer at a time when the broader market is yielding just 1.2% and energy stocks in general just 3.1%.
But the high yield is not the only reason to love Enterprise Products Partners.
The energy sector is broad, comprised of companies that drill for oil and natural gas, companies that transport the fuels, and others that process these vital energy sources into chemicals and other refined products. The industry is broadly broken down into the upstream, midstream, and downstream sectors. Each operates very differently, with performance in the upstream and downstream tending to be commodity-driven.
Source Fool.com