Is It Too Late to Buy Energy Transfer Stock?
Energy Transfer(ET) The Motley Fool·2024-04-17 11:16
The MLP has been on a red-hot run over the past year.Energy Transfer (ET -0.85%) has gone on a strong run since the start of 2023. The master limited partnership (MLP) has rallied more than 25%. That's a big move for a relatively slower-growing pipeline company.The MLP's rally likely has some investors wondering if it's too late to buy. Here's a look at whether the pipeline stock is about to run out of fuel or has plenty left in the tank.What has fueled Energy Transfer's rally?A big driver of Energy Transfe ...