Here's Why Energy Transfer Stock Is a Buy Before May 6

It's important for investors to take the long-term view. We should be looking to buy and hold companies for years, if not decades, because that can produce the best total returns. As such, we shouldn't put too much emphasis on the short-term gyrations of a company's stock price or quarterly earnings.However, it's also prudent to keep dates in mind when planning your investments. For those thinking about buying midstream giant Energy Transfer (NYSE: ET), May 6 is an important date. Here's why those considering an investment in the master limited partnership (MLP) might want to buy it before that date.May 6 is a potentially big day for Energy Transfer. It's when the midstream giant will report its first-quarter results, which it plans to release after the market closes. That report could act as a catalyst for the MLP's unit price. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool