April 2025 Stock Watch List

As I'm writing this blog post, it's currently Friday, March 14th. The temperature here in Central Wisconsin is set to reach a high of 70 degrees Fahrenheit later today. This weather front is also expected to come with rain stretching into the weekend.

Now that March is nearly half complete, I'll be taking a moment to go over the top stocks on my watch list for April 2025.

Stock #1: Brookfield Asset Management (BAM)

The first stock up on my watch list for next month is Brookfield Asset Management. I would argue that my investment thesis is intact from the last time that I covered BAM in my July 2024 Dividend Stock Watch List blog post. So, I would refer interested readers to that blog post for more details.

BAM remains a top-notch competitor in the booming alternative asset management industry. As of December 31st, 2024, the company had $1.8 billion of liquidity on the balance sheet compared to no long-term debt. Due to a very capex-light business model, BAM's 3.7% dividend yield is fairly secure. The stock also could be moderately undervalued from the current $47 share price (as of March 14th, 2025).

Stock #2: Enterprise Products Partners (EPD)

Next up on my watch list for April 2025 is Enterprise Products Partners. In the six months that have passed since I covered it in my October 2024 Stock Watch List blog post, EPD's investment thesis looks to be holding up.

As of my Seeking Alpha article last month, the midstream operator had approximately $7.6 billion in major capital projects that were under development. These projects should continue to keep key metrics like adjusted EBITDA, distributable cash flow, and operating cash flow moving higher in the years ahead. EPD's leverage ratio of 3.1x was also firmly within its targeted range of between 2.75x and 3.25x. That supports the A-rated balance sheet. On top of these factors, EPD's units look to be worth every bit of $38 each. That would imply a decent discount from the current $34 unit price (as of March 14th, 2025).

Stock #3: Nvidia (NVDA)

The third and final stock on my watch list for next month is Nvidia. Since my January 2025 Stock Watch List blog post, the investment thesis for NVDA has arguably proven itself with the latest data.

While it didn't beat by as wide of a margin in the past, it still did manage to beat expectations in Q4. Significantly higher spending from its hyperscaler customers in 2025 also means that NVDA will have more plenty of demand for the foreseeable future. The company's AA-rated balance sheet also makes it a financial fortress. Best of all, shares are trading at approximately 24x current-year analyst EPS consensus. That makes NVDA an interesting pick from the current $108 share price (as of March 14th, 2025).

Concluding Thoughts:

There we have it. Another month. Three more stocks that I believe are world-class. Overall, I believe the trio does a nice job of balancing income, growth, and value. This will also keep me right around my targeted dividend yield of 3%.

Discussion:

Are any of BAM, EPD, or NVDA on your watch list for April 2025?

If not, what are you keeping on your radar for next month?

I appreciate your readership and look forward to your comments below!