"Enterprise Products (EPD) is is a fine example of the baby being thrown out with the bath water," says Jim Trippon.

The editor of Dividend Genius newsletter explains, "The fundamentals for the energy company here have not changed, if anything they remain as strong as ever and the decline in the units is more the result of Enterprise being viewed as an energy name, not weakness in the company's business.

"Case and point: Enterprise was easily able to tap the capital markets in May, selling $400 million in notes due in 2015 at a fixed rate of 3.7%, $1 billion in notes due in 2020 at a fixed rate of 5.2% and $600 million in notes due in 2040 with a fixed rate of 6.45%. Of course, those yields pale in comparison to the 7.1% you get by owning Enterprise units directly.

"In recoveries from panic selloffs in the past, the energy patch has tended to outperform the S&P 500," notes energy sector specialist Elliott Gue.

In his The Energy Strategist, the advisor offers his outlook for the sector as well as a package of five favorite energy-related stocks, including ideas in the drilling, infrastructure. oil services and exploration areas.

"This has undoubtedly been the most challenging and unsettled market in recent history for the stock, bond, currency and credit markets. Not surprisingly, the energy sector hasn't been immune to the selling pressure.

"However, I would note that the selloff in most energy stocks I cover has little or nothing to do with fundamentals and everything to do with market sentiment and a pervasive sense of panic.

"Institutions are dumping stocks to raise cash and the primary fear infecting the energy markets is that a dramatic global economic slowdown coupled with a seizing up of credit markets will destroy demand for energy commodities..

"I am adding Enterprise Products Partners (NYSE: EPD) to my 'Deep-Discount' portfolio," says Nathan Slaughter, editor of Half-Priced Stocks.

The advisor explains, "Enterprise is among the nation's largest pipeline operators, owning nearly 900 miles of crude oil pipelines and 33,000 miles of natural gas, natural gas liquids (NGL), and petrochemical pipelines." Here is his review.

"Following a series of acquisitions, Enterprise is now one of the nation's largest publicly-traded energy partnerships. As a master limited partnership (MLP), the company is generally exempt from federal income taxes, provided it distributes the lion's share of its cash flows to shareholders (technically referred to as unitholders.)

"This special status allows MLPs to shell out generous payments, although these distributions typically don't qualify for the reduced 15% dividend tax rate.

"As opposed to the 'upstream' business of exploration and production, Enterprise is a 'midstream' energy player -- a sector coveted for its steady cash generation potential. Much of Enterprise's diverse revenue stream comes from pipeline charges, which are influenced more by volume flow than by volatile commodity prices.