Get Energized With Enterprise

Debt shouldn't be high, and it doesn't get any lower than Enterprise GP's zero.

The William O'Neil Strategy

My strategy based on O'Neil's writings also rates Enterprise GP highly. It requires recent quarterly growth to be at least 18%; Enterprise GP's is 85.7%. Annual earnings growth is also a stellar 62.7% and EPS has consistently risen every year for the past five.

It gives the stock one black mark: its low relative strength (the stock's price performance compared with the overall market over the past year) of 41. Due to this, my O'Neil strategy has "some" interest in Enterprise GP rather than "strong" interest.

But there are plenty of other positive factors in its favor, including that its stock is trading within 12% to 13% of its 52-week high of $40.65. The strategy puts a lot of weight on whether or not stocks are within 15% of their 52-week highs, so it's a plus that Enterprise meets this test.

Two other pluses for the O'Neil strategy about Enterprise GP is that its industry is very strong and its debt is zero.

Enterprise GP is a high-performing energy company whose stock should continue to gush. Now's the time to add it to your portfolio.