Use access key #2 to skip to page content.

JimVanMeerten (65.36)

Profit form refining by products

Recs

2

July 19, 2010 – Comments (0) | RELATED TICKERS: EPD

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio. Enterprise Products Partners L.P. (EPD) is a leading integrated provider of processing and transportation services to producers of Natural Gas Liquids (NGLs) and consumers of NGL products. The Company fractionates for a processing fee mixed NGLs produced as by-products of oil and natural gas production into their component products: ethane, propane, isobutane, normal butane and natural gasoline; converts normal butane to isobutane through the process of isomerization; produces MTBE from isobutane and methanol; and transports NGL products to end users by pipeline and rail car.

This stock had price appreciation of 7.78% last month and pays a 7.2% cash dividend. Investors have noticed this stock and on Motley Fool the CAPS members vote 993 to 21 that the stock will beat the market with the All Stars in agreement by a vote of 335 to 6. Fool follows Wall Street columnists and notes that all 11 of the recent articles have been positive.

This is a 96% Barchart technical buy and hit 13 new highs in the last 20 sessions including 5 in the last 5. The stock trades around 37.57 with a 50 day moving average of 34.53.

Wall Street brokerages look for an increase in sales of 29.20% this year and 9.00% next year, Earnings growth is estimated to be 20.50% this year, 5.70% next year and 6.03% for the next 5 years.

If you're looking for a dividend stock with price appreciation Enterprise Products (EPD) has :

1 - 96% Barchart technical buy signa

2 - Recent price appreciation of 7.78% last month plus a 7.2% dividend yield

3 -  Very solid investor sentiment that the price appreciation will beat the market

4 -  Wall Street brokerages looking for increased sales and EPS Cash flow with ample dividend coverage

Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: No positions in the stock mentioned at the time of publication

0 Comments – Post Your Own

Featured Broker Partners


Advertisement