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3 Reasons to Buy Energy Transfer Stock Like There's No Tomorrow

The Motley Fool

The company typically looks for at least a 12% return on its spending, which would help boost earnings before interest, taxes, depreciation, and amortization (EBITDA) by more than $370 million per year once all the projects are fully ramped up. It plans to spend around $3.1 billion on growth projects this year. The reason for this is twofold.

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Billionaire Bill Ackman Has 53% of His Hedge Fund's $10.6 Billion Portfolio Invested in Just 3 Stocks

The Motley Fool

His hedge fund, Pershing Square Capital, focuses on a few high-quality businesses where Ackman feels the stock has become mispriced, relative to its value. He will then buy shares and use his influence to unlock shareholder value. Bill Ackman is one of the best-known billionaire investors in the world.

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These 3 Dividend Stocks Are Beating the S&P 500 and Nasdaq Composite in 2024, and They Could Still Have More Room to Run

The Motley Fool

For example, the utility achieved strong growth in its funds from operations (FFO) for the 12 months ending June 30. Its Chubb fire & security business was sold for an enterprise value of $3.1 Honeywell bought Carrier's global access solutions for an enterprise value of $4.95 Its FFO of $6.39 billion is an 11.5%

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Cathie Wood Has Been Piling Into Amazon Stock. Should Investors Follow Suit?

The Motley Fool

Cathie Wood built a name for herself and her investment firm Ark Invest by racking up some huge gains between 2017 and 2020 in the exchange-traded fund Ark Innovation ETF (NYSEMKT: ARKK). This year the fund is trading down more than 10% despite the strong performance by the broader market.

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Billionaire Stan Druckenmiller Is Selling Nvidia, Apple, and Microsoft, and Buying These High-Yield Dividend Stocks Instead

The Motley Fool

percentage-point cut to the federal funds rate. The stock currently trades at an enterprise value of 12.2 times its earnings before interest, taxes, depreciation, and amortization ( EBITDA ) and yields about 5.3%. times funds from operations (FFO) per share. The Fed started this easing cycle on Sept. 18 with a 0.5-percentage-point

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What's Next for Energy Transfer Stock and Its 8% Dividend Yield?

The Motley Fool

Approximately 90% of Energy Transfer's 2024 earnings before interest, taxes, depreciation, and amortization ( EBITDA ) is projected to come from fee-based activities. Importantly, Energy Transfer can fund these projects solely through the cash flow it generates after it pays its distributions. In 2023, it generated $7.6

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This Billionaire Predicted the Nvidia Stock Rally. Now He's Making a Prediction Elsewhere With an Investment That's Already Jumped 13% in the Last Month.

The Motley Fool

As the chart shows, performance for the Russell 2000 is quickly perking up, with the corresponding exchange-traded fund (ETF) jumping 13% in just the past month. Driven Brands has an enterprise value of $5 billion (for the record, this is technically a mid-cap stock, not a small-cap stock). It may have been a timely bet.