Jim Cramer on Enterprise Products Partners: "I Like Enterprise Products Partners LP (EPD)"

Enterprise Products Partners LP (NYSE:EPD) is one of the stocks that Jim Cramer shared his take on. When a caller asked about the stock, Cramer stated:

“My favorite in that group… is Enterprise Products Partners. I like EPD. 6.7% yield, growing really, really well, understands natural gas liquids. That’s your company. That’s the one you want to be in.”

Enterprise Products Partners LP (NYSE:EPD) provides midstream energy services, including the transportation, storage, processing, and marketing of natural gas, crude oil, natural gas liquids, and refined products. During the April 10 episode, a caller sought Cramer’s advice on the stock and the Mad Money host replied:

“Okay, now, people are selling this thing because they have a lot of ethane business. They have a lot of certain natural gas liquids that are really stalled right here. I say don’t worry about it. This is actually a fantastic chance to buy.”

It is worth noting that since the above comment was aired, Enterprise Products Partners LP (NYSE:EPD) stock has gained almost 11%.

While we acknowledge the potential of EPD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.