10 Best Robinhood Stocks Under $20 to Buy Now

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6. Energy Transfer LP Unit (NYSE:ET)

Stock Price: $19.17

Number of Hedge Fund Holders: 34

Stock Upside Potential: 23.82%

Energy Transfer LP Unit (NYSE:ET) is among the best Robinhood stocks under $20 to buy now. Energy Transfer shares are up roughly 16% year-to-date.

On May 25, Jefferies upgraded Energy Transfer LP Unit (NYSE:ET) stock rating to a Buy from a Hold and raised the price target to $23 from $21. Jefferies based its action on the company’s continued success in the natural gas business and improvements in the liquids business.

In Q1 2026, Energy Transfer’s natural gas liquids (NGL) exports increased 19% to set a new record for the company. NGL transportation volumes jumped 12%. NGL and refined products terminal volumes jumped 19%, also setting a record for the company. Energy Transfer also achieved records in crude oil transportation volumes and midstream gathered volumes.

According to Jefferies, Energy Transfer’s fundamentals have improved greatly compared to when the firm initiated coverage of the stock. The improvement in the company’s fundamentals has come alongside strong US production trends as well as rising Permian gas-oil ratios.

In addition to the strong fundamentals, Jefferies sees discounted valuation in Energy Transfer. These led the firm to upgrade its rating on the stock.

Energy Transfer LP Unit (NYSE:ET) runs pipeline transportation, storage, and terminaling operations. The company operates roughly 140,000 miles of energy pipeline infrastructure across 44 states. It transports, stores, and terminals oil, gas, and refined products.

While we acknowledge the potential of ET to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ET and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Robinhood Stocks Under $20 to Buy Now.

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