Darren Horowitz, managing director of Energy Equity Research at Raymond James & Associates, told CNBC Monday he is bullish on two large-cap stocks, Enterprise Product Partners and Williams Partners.
Enterprise Product Partners is a midstream energy company providing a range of services to producers and consumers of natural gas, natural gas liquids, crude oil, refined products and petrochemicals in the United States, Canada and Gulf of Mexico.
EPD has a 5.8 percent dividend yield. Horowitz predicts an increased distribution of 5 percent to 6 percent over the next two years.