1 Instantly Cheap Value Stock to Buy This December
This year has been both the best of times and the worst of times for pipeline behemoth Energy Transfer (NYSE: ET). On the one hand, the energy company is on track to generate record earnings, with its adjusted EBITDA on pace to come in between $11 billion and $11.1 billion, up about 16% from 2018's total. The MLP's unit price, however, has fallen about 14% this year.
Because of that, the company now sells for an insanely cheap price. That makes it a great stock for value investors to consider buying this December.
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Source Fool.com