Jim Cramer on MPLX: “I Think That’s a Terrific, Inexpensive Stock”

MPLX LP (NYSE:MPLX) is one of the stocks Jim Cramer answered questions about. When a caller mentioned that they invested in the stock, Cramer remarked:

Well, you know, I like it from the book. I think that’s a terrific, inexpensive stock… I put those stocks in for one particular reason because I think it’s great to have some income as you get older. That’s not a younger person stock; that’s an older person stock. I one day might have to look at it as I grow in wisdom.

MPLX LP (NYSE:MPLX) maintains energy infrastructure for the gathering, processing, and distribution of natural gas, crude oil, and refined petroleum products. The company’s operations include marine transport services, storage terminals, and the marketing of natural gas liquids and renewable fuels.

While we acknowledge the risk and potential of MPLX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MPLX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.