EPD Trades Near its 52-Week High: Should You Buy the Stock Right Now?

Enterprise Products Partners LP (EPD) ended the last trading session at $33.59 per unit, just 3$34.63. Despite the stock nearing its peak, it remains relatively undervalued, trading at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) ratio of 10.60, which is lower than the broader industry average of 12.24. Image Source: Zacks Investment ResearchShould investors jump into the stock now? Before answering that, let's take a closer look at the midstream energy player's bus ...