Enterprise Products Partners LP (NYSE:EPD) is one of the stocks highlighted in Jim Cramer’s latest Mad Money recap as he provided top stock insights. Cramer was bullish on the stock and explained why. The Mad Money host commented:
Along the same lines, there’s another one that I talk about in How to Make Money in Any Market, and that’s Enterprise Products Partners, EPD. This is a pipeline company that I think in many ways is the best run of all of them. Let’s start with the dividend. It sports a 5.9% yield. It’s a company that’s been public for over a quarter a century, but is still one of the most underfollowed names in the oil and gas industry. Every time I mention it to people, they scribble it down, they’ve never heard of it. Enterprise Products is not a primary LNG exporter, but it is a critical feed gas and liquids infrastructure provider, and it’s always been a leader in building new plants. This is the company that owns a huge amount of the pipes, plants, processing, and a word called fractionation.
Stock market data. Photo by Photo by Alesia Kozik
Enterprise Products Partners LP (NYSE:EPD) provides midstream energy services, including the transportation, storage, processing, and marketing of natural gas, crude oil, natural gas liquids, and refined products.
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