13 Stocks on Jim Cramer’s Radar Recently

9. Energy Transfer LP (NYSE:ET)

Number of Hedge Fund Holders: 37

A caller asked if Cramer was still positive on Energy Transfer LP (NYSE:ET), and he replied, “Oh yes, I am. 7.6% yield and I tell you, the pipes are a great business here, they really are.”

Over the last year, Energy Transfer LP (NYSE:ET) stock went up more than 13%. Back in February, when Cramer was asked about the company, he remarked:

“Yes. ET is smart. I mean, look, you buy, this is the way you buy ET, just so you know, this is a pipeline company. You, you, you buy it by the percentage yield. So it’s got a 7% yield now, you buy some, 8, you buy some, 9, you buy some. That’s how you buy these stocks and I’m gonna continue to pound that that’s the way to do it.”