Here's Why Enterprise Products Partners Stock Is a Buy Before April 29

Enterprise Products Partners (NYSE: EPD), one of the largest midstream natural gas and crude oil pipeline companies in America, is usually considered a slow-growth stock. But over the past five years, this boring but reliable income stock rallied about 93%. If we include its reinvested distributions, it generated a total return of 187%. During that same period, the S&P 500 only rallied 90% and delivered a total return of 105%.

Those market-beating gains are impressive, but some investors might be reluctant to buy Enterprise's stock in this wobbly market. However, I believe it's worth buying ahead of its next earnings report (expected on April 29) for five simple reasons.

Image source: Getty Images.

Continue reading