Energy Transfer Stock: Buy, Sell, or Hold?

Energy Transfer (ET 0.10%) has had a strong 2024, with its stock price up about 40% as of this writing. At the same time, the master limited partnership (MLP) pays an attractive distribution that is good for a forward yield of 6.7%.With the stock having more than tripled in value since the end of 2020, the question becomes, is it a buy, sell, or hold going forward? Let's look at the buy and sell cases to decide.The buy case for Energy TransferEnergy Transfer has created one of the largest integrated midstre ...