Jim Cramer Says "Energy Transfer is an Excellent Company"

Energy Transfer LP (NYSE:ET) is one of the stocks Jim Cramer recently discussed. During the lightning round, a caller sought Cramer’s opinion on the stock, and he replied:

“I like Energy Transfer very much. I’ve gotta tell you, Enterprise Product Partners is the one I do recommend in How to Make Money in Any Market… Energy Transfer is an excellent company.”

Energy Transfer LP (NYSE:ET) provides energy transportation, storage, and processing services through networks of natural gas, crude oil, and NGL pipelines and facilities. During the September 5 episode, a caller inquired about the stock, noting that its price had remained stagnant. Cramer responded:

“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.”

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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