Jim Cramer's Energy Pick: Energy Transfer LP Touts a Nearly 10% Yield

During a recent segment on CNBC's "Mad Money Lightning Round," investment expert Jim Cramer shared his insights into the energy sector, specifically spotlighting Energy Transfer LP ET. Cramer endorsed buying shares in the energy company, particularly attracted to its robust dividend yield. "I like the fact that the yield's almost 10%, it's terrific," Cramer expressed. Energy Transfer LP, headquartered in Dallas, Texas, is known for providing a raft of energy-related services with a focus on natural gas and propane.

Speculative Plays and Passes

Apart from his recommendation on Energy Transfer LP, Cramer also touched upon other stocks in the investing universe. He deemed Lithium Americas Corp. LAC, a company engaged in the lithium mining sector with operations in various parts of the Americas, as a speculative stock. Given its status of not generating profits at the moment, Cramer decided to pass on it, signaling caution to potential investors who might be considering it for their portfolio.

Insight on Other Noteworthy Stocks

Cramer's stock analyses frequently cover a wide array of companies. For instance, Alibaba Group Holding Limited BABA is a global powerhouse in e-commerce and technology, originating from China and offering a suite of C2C, B2C, and B2B sales services through its extensive web portals. BlackBerry Limited BB, headquartered in Waterloo, Canada, provides intelligent security software and services internationally. In the realm of digital infrastructure, technologies and services are engineered by Vertiv Holdings Co VRT, which serves the data center and telecommunication industries. For investors looking into the communications infrastructure, Crown Castle CCI, a REIT operating out of Houston, Texas, manages a significant portfolio of cell towers and fiber networks. Lastly, industrial automation and information technology solutions are the forte of Rockwell Automation, Inc. ROK, known for its Allen-Bradley and Factory Talk software product lines.

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