Evaluating Energy Transfer: Buy, Sell, or Hold?

Reported about 2 months ago

Energy Transfer's stock has seen a significant rise of over 17% in 2024 and nearly doubled since late 2021. Investors are weighing the options to buy, sell, or hold, considering its promising growth opportunities and solid balance sheet against past concerns of over-leveraging and the influence of its largest shareholder. With a robust 7.9% yield, those focused on income may find it appealing to hold, while overall, the stock presents a compelling buy scenario owing to its potential growth amidst increasing energy demands.

Source: YAHOO

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