Jim Cramer Thinks Energy Transfer (ET) Is Terrific

We recently published a list of Jim Cramer Recently Discussed These 15 Stocks. In this article, we are going to take a look at where Energy Transfer LP (NYSE:ET) stands against other stocks that Jim Cramer discussed recently.

A caller questioned whether Energy Transfer LP (NYSE:ET) could sustain its 7% dividend amid falling oil prices. Cramer expressed confidence in the company’s operations but mentioned that he prefers another stock as well:

“ET is an absolutely terrific company. I slagged it for the first 10 years of the show. The last 10 years, I’ve liked it a lot. It’s got a good pipe. I think it’s terrific. I do prefer ONEOK more.”

Energy Transfer LP (NYSE:ET) is a major U.S. pipeline operator, transporting natural gas, crude oil, and refined products through its vast midstream infrastructure network.

Earlier in May, a caller asked Cramer if he was still bullish on the stock, to which Cramer replied with:

“Oh yes, I am. 7.6% yield and I tell you, the pipes are a great business here, they really are.”

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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