BoursePanel Guide to Growth Stock Investing -August -10-2022

Investing in stocks means buying shares of ownership in a publicly traded company. Over the long history of stock market investment, investors have developed different methods, strategies, and ideas for picking specific stocks for investing. Some stock investors prefer buying undervalued stocks, while others prefer buying growth stocks or penny stocks. Today we share one of the best Growth Stock to Invest in August 2022 from the BoursePanel stock market research and analysis platform.

Top Growth Stock to Invest — Energy Transfers LP (EF)

Energy Transfers LP provides energy transfer services using its well above 10,000 miles long gas pipeline and three storage facilities in the U.S. The company sells natural gas to various electricity producers, Independent Power Suppliers, and other end users from the industrial section.

Stock Summary

Sector: Energy
Industry: Oil and Gas

Market Capital 33.86B
Total Shares Outstanding (MRQ): 3.09B
Average volume (10 days): 19.31M

Last Traded: $ 10.97

BoursePanel Health and Score

Value Score: 78
Growth Score: 93
Quality Score: 60
Technical Score: 68
Total Health and Score: 76

BoursePanel Fair Value Estimation: $15.53

Stock Support and Resistance (Long Term)

Support 1: 10.06
Support 2: 8.01
Support 3: 6.03

Resistance 1: 11.41
Resistance 2: 11.89
Resistance 3: 12.32

Stock Key Facts

· The company’s ROE is in the top 10 list of oil and gas industry

· The company’s ROA is in the top 10 list of oil and gas industry

· The company’s Net Profit Margin is in the top 10 list in the oil and gas industry

· The company’s Earnings Growth Year on Year (YOY) is in the top 10 list in the oil and gas industry

Trade Information (BUY — Short Term)

The company has consistently shown positive earnings reports for the last four quarters, and its revenue has increased QOQ (Quarter Quarter). In fact, the stock has grown more than 10% in the previous year and has also over performed the index last month.

Order 1

Entry Price: 10.84
Take Profit: 11.69
Exp. Payoff %: 7.84%
Expected Target Days: 17

Order 2

Entry Price: 10.05
Take Profit: 11.69
Exp. Payoff %: 16.32%
Expected Target Days: 33

Click on this link to download the complete fundamental and technical analysis report, including trade information of the Energy Transfers LP (EF) stock.