Cramer: A must-own energy stock for your portfolio:
Cramer likes this stock not only because it has a whopping 9 percent yield, but also because he thinks it is tremendously undervalued. Energy Transfer was crushed this year by lower oil and natural gas prices, fears of the Federal Reserve raising rates and the third quarter sell-off driven by damaged hedge funds with too much energy exposure.
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Cramer likes this stock not only because it has a whopping 9 percent yield, but also because he thinks it is tremendously undervalued. Energy Transfer was crushed this year by lower oil and natural gas prices, fears of the Federal Reserve raising rates and the third quarter sell-off driven by damaged hedge funds with too much energy exposure.
'via Blog this'
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