Jim Cramer Says Energy Transfer is "Sensational"

Energy Transfer LP (NYSE:ET) is one of the stocks on Jim Cramer’s radar. Inquiring about the stock, a caller noted that it has remained stagnant around $17 despite the company’s strong underlying value. Cramer remarked:

“It’s a premier natural gas play, pipeline. I think it’s sensational. I didn’t think that they were taking out too much debt. That’s not the case… You got it right.”

Energy Transfer LP (NYSE:ET) provides energy infrastructure and services, operating extensive natural gas, natural gas liquids, and crude oil pipelines along with storage, processing, and fractionation facilities. Cramer discussed the stock in a July episode, as he commented:

“Hey, speaking of good yields, some of the best natural gas-oriented pipelines have huge benefits, and they’re winners too if Europe imports a lot more liquified natural gas from the US. Wow. Listen to this, Energy Transfer LP. Okay, now you called me about that a lot of times. It’s one of the largest players in the space, providing natural gas gathering, compression, treating, storage, transportation, and marketing services with nearly 107,000 miles of pipeline, 235 billion cubic feet of storage capacity, and more than 70 natural gas processing and treatment facilities.

This is another great long-term performer. The stock’s roughly tripled over the past five years after they digested a lot of debt. Plus, while you wait for the potential EU trade benefit to kick in, you can sit back and collect big fat dividends. The Energy Transfer dividend gives you a yield of 7.5%.”

While we acknowledge the potential of ET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.