Jim Cramer on MPLX: "I Think That's a Terrific, Inexpensive Stock"

MPLX LP (NYSE:MPLX) is one of the stocks Jim Cramer answered questions about. When a caller mentioned that they invested in the stock, Cramer remarked:

Well, you know, I like it from the book. I think that’s a terrific, inexpensive stock… I put those stocks in for one particular reason because I think it’s great to have some income as you get older. That’s not a younger person stock; that’s an older person stock. I one day might have to look at it as I grow in wisdom.

MPLX LP (NYSE:MPLX) maintains energy infrastructure for the gathering, processing, and distribution of natural gas, crude oil, and refined petroleum products. The company’s operations include marine transport services, storage terminals, and the marketing of natural gas liquids and renewable fuels.

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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.