Where Will Energy Transfer Stock Be in 1 Year?

Energy Transfer (NYSE: ET), one of the leading midstream companies in America, hasn't been an exciting investment over the past 12 months. Its stock rose less than 3% as the S&P 500 advanced nearly 15%. With reinvested distributions, it delivered a total return of 10%.However, most people usually invest in Energy Transfer to generate stable income instead of market-beating gains. That stability might make it a safe stock to own if the S&P 500 -- which looks historically expensive at 31 times earnings -- pulls back. Let's review its growth rates and valuations to see where its stock might be headed in a year.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool