Alas, Enterprise Products Partners (EPD) is off to a rough start. I’m squarely in LAST place with a loss of 5%.
Between rising bond yields and a rough year for energy stocks in general, EPD has gotten dragged down along with the rest of the MLP sector.
But we still have a long way to go in 2018, and I epect a strong finish. Barring a tech stumble, it’s going to be hard for me to catch up. But win or lose, I expect EPD to generate a decent return. And if I were going to buy and hold any of the stocks on this list for the next five years, it would be EPD.
Disclosures: Long EPD