Did Jim Cramer Get These 23 Stocks Right?

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6. Energy Transfer LP (NYSE:ET)

Number of Hedge Fund Holders: 37

During the lightning round, a caller asked Cramer about his opinion on Energy Transfer LP (NYSE:ET) at the time. Here’s what he said:

“I like it, ET, I think it’s a very good company… it still yields 8%.”

Energy Transfer LP (NYSE:ET) has gained 21.21% since that lightning round mention.

On the 24th of February, Jim Cramer recommended investors to buy Energy Transfer LP (NYSE:ET) stock.

“Yes, ET is smart. I mean, look, this is how you buy ET. You know, this is a pipeline company. You buy it by the percentage yield. So, it’s got a 7% yield now. You buy some at 8, you buy some at 9. That’s how you buy these stocks. And I’m going to keep stressing that—this is the way to do it.”

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