5 Reasons to Buy Energy Transfer Stock Like There's No Tomorrow

Energy Transfer (NYSE: ET) isn't a flashy name, but it has one of the best risk-reward profiles in the market right now and a high yield. It's one of the largest holdings in my portfolio.Here are five reasons to buy the midstream energy company's stock like there's no tomorrow. Keep in mind, however, that investing in a master limited partnership means you'll get a Schedule K-1 tax form and need to take some extra steps with your tax filing.After getting overextended during its last growth cycle, Energy Transfer spent the past few years cleaning up its balance sheet. It cut its distribution in 2020 to reduce leverage, and since then, it has paid down debt and funded much of its growth through free cash flow.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool