Energy Transfer (NYSE: ET) stock is down 17% year-to-date, with an 8% dividend yield. The company halted the Lake Charles LNG project and is focusing on the Desert Southwest expansion plan. They aim to manage leverage effectively and maintain an investment-grade credit rating. Energy Transfer has exposure to data center demand in Texas, a key market for natural gas. While not on the Motley Fool’s top 10 list, the stock could still be a strong buy opportunity for investors looking for long-term growth potential.

Investors should consider the potential for Energy Transfer to benefit from new projects and data center demand in Texas. Despite not being on the top 10 list of stocks to buy right now, the stock offers a safe dividend and positive growth outlook. With a focus on managing leverage effectively and aligning with industry peers, Energy Transfer could be a solid investment for those looking for stable returns and long-term growth potential.

Read more at Nasdaq: Energy Transfer: The 8%-Yielding Dividend Stock to Own