1 Top Ultra-High-Yield Stock to Buy in November
The market seems to hate pipeline giant Energy Transfer (NYSE: ET) these days. That's the only plausible explanation behind the continued slide in the energy company's value, which has fallen another 17% over the past year. That slump comes even though the MLP is on track for a record year, with earnings expected to grow another 15%.
Because of that disconnect, Energy Transfer is absurdly cheap, which is why its yield has risen to a sky-high level of 9.8%. Add that compelling combination of yield and value to the company's growth prospects and it's a top buy for income-seeking investors this November.
Image source: Getty Images.
Source Fool.com
