Energy Transfer: Buy, Sell, or Hold?
Businesses go through good periods and bad periods, which is just a fact of life on Wall Street. What happens in the weak periods is telling, but for more aggressive investors, the results achieved during the good times will likely be the main focus. So there are reasons why conservative investors will want to avoid Energy Transfer (NYSE: ET) and investors willing to take some risk might want to buy it.
Starting with the negatives, Energy Transfer made a business decision in 2016 that looked very much like the midstream master limited partnership (MLP) was putting its CEO's financial safety above that of its unit holders. It is a long and sordid story, but the quick version is enough to get a feel for the problem.
Image source: Getty Images.
Source Fool.com
MLP SE Stock
Currently there is a rather positive sentiment for MLP SE with 3 Buy predictions and 0 Sell predictions.
With a target price of 10 € there is a hugely positive potential of 78.25% for MLP SE compared to the current price of 5.61 €.
