Energy Transfer's long history of poor returns and execution make these two alternatives the better investment choices.
Dividend investors are falling in love with Energy Transfer (ET 1.54%). But it might not be the best choice, despite its ultra-high dividend yield. In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why Magellan Midstream Partners (MMP) and Phillips 66 (PSX 0.91%) have been -- and should keep being -- the better long-term investments.
*Stock prices used were from the morning of May 11, 2023. The video was published on May 21, 2023.
Jason Hall has positions in Phillips 66. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool recommends Magellan Midstream Partners. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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