1 Ultra-High-Yield Energy Stock to Buy Hand Over Fist and 1 to Avoid
Energy Transfer(ET) The Motley Fool·2024-08-27 00:30
When it comes to high-yield stocks, you have to trust that management will do the right thing for shareholders. Energy Transfer (ET -0.25%) is offering investors an ultra-high 8% distribution yield. Enterprise Products Partners (EPD 0.34%) has a yield of 7.2%. Although both hail from the midstream energy sector, they are not interchangeable investments. Here's why lower-yielding Enterprise is worth buying hand over fist and most will probably be better off avoiding Energy Transfer. The problem with Energy T ...