3 No-Brainer Stocks to Buy in the Energy Sector

According to a study from the INGAA Foundation, the U.S. and Canada will need to invest $546 billion in building new energy-related infrastructure over the next two decades to support anticipated supply and demand growth. While that represents an enormous opportunity for energy infrastructure developers, three companies stand out as no-brainer options for investors looking to profit from this growth: TransCanada (NYSE: TRP), Enbridge (NYSE: ENB), and Enterprise Products Partners (NYSE: EPD). Here's what makes them top options in the sector.

According to the INGAA Foundation, about 60% of these infrastructure investments will be natural gas-related assets such gas gathering and transmission lines, processing equipment, and liquefied natural gas (LNG) export facilities. Fueling that need is that natural gas demand in North America is expected to accelerate over the next few years because of new natural gas power plants under construction and an increase in exports both to Mexico and via LNG terminals that are in development. According to analysts at Wood Mackenzie, natural gas demand in North America will increase from the 3.2% annual pace it had over the past five years to 3.8% annually through 2021.

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Source: Fool.com