While concerns over President Donald Trump’s trade and immigration policies have pulled down broader markets, some sectors stand to benefit from them. This includes the fossil fuel and energy sector.
In the energy space, Energy Transfer (ET) is one stock that stands to benefit not only from Trump’s policies, but also from the pivot toward artificial intelligence (AI). The cherry on the top is its almost 7% yield which looks quite juicy compared to its peers and broader markets. Along with the fat dividend, ET brings prospects of capital appreciation to the table, as we’ll discuss in this article.
