1 Magnificent High-Yield Stock Down 14% to Buy and Hold Forever
Share prices of Enbridge (NYSE: ENB) have risen 16% over the past three months as investors reassess the North American midstream giant's future. But that rebound still isn't enough to close the gap with fellow high-yield midstream giant Enterprise Products Partners (NYSE: EPD), which has recovered all its losses from a peak in mid-2022.
There's likely to be additional recovery potential with Enbridge.
Enterprise Products Partners is up just about 3.4% over the past three months, lagging well behind the 16% gain Enbridge's stock has seen. If you just looked at this short-term performance, you'd probably suggest that Enterprise has more appeal.
Source Fool.com
