Until Cramer, that living caricature of a talking stock market head, says ETP is a buy, there's still time to get in. When we solidly cross 50, he's gonna announce, with horns blaring, and various nauseating sound effects, that ETP is a glaring buy, and in 2013, has been the best mover in his trust's portfolio, When he does this, you've already, officially, missed the boat.
Well, Cramer dumped the stock, now maybe he'll stop referring to it as the worse stock in his trust. He talks as though he didn't receive the fat distributions and let's face it, last year was bad all around for MLPs. It was the first year in 13 that MLPs trailed the S&P, probably because Cramer bought one.
Actually the boat left when they put together the tax deal. Since then MLPs have bee4n up almost daily and the AMZ hit another new all time high today. All sectors of MLPs have moved up sharply. ETP could truly and easily move to $50 if (I do not expect it this quarter) announce a distirbution increase or when the earnings come out and the have a DCF in the 1.1-1.2X coverage.