We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Enterprise Products (EPD) Looks Good: Stock Adds 8.8% in Session
Read MoreHide Full Article
Enterprise Products Partners L.P. (EPD - Free Report) was a big mover last session, as the company saw its shares rises nearly 9% on Friday. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is down 40.9% in the past one-month time frame.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Enterprise Products. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Enterprise Products currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the Oil and Gas - Production Pipeline - MLB sector is TC PipeLines, LP , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is EPD going up? Or down? Predict to see what others think: Up or Down
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.
This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
Image: Bigstock
Enterprise Products (EPD) Looks Good: Stock Adds 8.8% in Session
Enterprise Products Partners L.P. (EPD - Free Report) was a big mover last session, as the company saw its shares rises nearly 9% on Friday. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is down 40.9% in the past one-month time frame.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Enterprise Products. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Enterprise Products currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Enterprise Products Partners L.P. Price
Enterprise Products Partners L.P. price | Enterprise Products Partners L.P. Quote
A better-ranked stock in the Oil and Gas - Production Pipeline - MLB sector is TC PipeLines, LP , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is EPD going up? Or down? Predict to see what others think: Up or Down
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.
This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
See their latest picks free >>