Energy Transfer: Buy, Sell, or Hold

Energy Transfer (NYSE: ET) stock has had a solid run recently. The stock has risen by over 17% this year and has about doubled since the end of 2021.Given that solid performance, investors may be wondering if the stock is a buy, sell, or hold at this point. Let's take a look at each case.There are a number of facets to the bull case for Energy Transfer. The first is the solid growth opportunities in front of the midstream master limited partnership (MLP). The company has one of the most robust expansion backlogs in the space, with it looking to spend $3.1 billion on growth projects this year. With projects set to come online both in 2025 and 2026, the company has solid visibility into growth. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool