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Benzinga
Benzinga
Business
Avi Kapoor

Jim Cramer Recommends This 'Really, Really Good' Energy Stock

Jim Cramer- AI Is Bigger Than Rate Cuts

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Energy Transfer LP (NYSE:ET). “ET got its act together a long time ago. It's a really, really good stock,” he added.

On the earnings front, Energy Transfer will release its second-quarter earnings on Wednesday, Aug. 6, after the market closes. Analysts expect the company to report quarterly earnings at 33 cents per share, down from 35 cents per share in the year-ago period. The company projects quarterly revenue of $22.53 billion, compared to $20.73 billion in the same quarter a year earlier.

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