3 Low-Risk Energy Stocks for Income-Seeking Retirees
If there's one thing retirees need, its income that they can count on through thick and thin. However, secure sources like pension plans, annuities, and Social Security often don't provide enough money to meet their needs. To prepare for that reality, many look for investments that will produce additional income streams, and popular among those options -- especially in the current low interest rate environment -- are dividend-paying stocks.
While putting your money in the stock market always exposes your assets to some hazard, there are lower-risk choices to provide those sought-after income streams. In the energy sector, for example, three top choices are Enterprise Products Partners (NYSE: EPD), TransCanada (NYSE: TRP), and Dominion Energy (NYSE: D). All pay well-above-average yields supported by top-notch financials.
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Source: Fool.com
Enterprise Products Partners L.p. Stock
Enterprise Products Partners L.p. is currently one of the favorites of our community with 20 Buy predictions and no Sell predictions.
As a result the target price of 30 € shows a very positive potential of 99.68% compared to the current price of 15.02 € for Enterprise Products Partners L.p..
