Energy Transfer Partners: Buffett Worthy
Finding a stock worthy of a big wig like Warren Buffett can be diamond in the rough. Energy Transfer Partners has great potential for a number of reasons. According to Ilan Moscovitz, explains why ETP would be appealing to Buffett, and why it may be on his stock picks.
"1. Earnings power
Buffett is famous for betting on a sure thing. For that reason, he likes to see companies with demonstrated earnings stability.
2. Return on equity and debt
Return on equity is a great metric for measuring both management’s effectiveness and the strength of a company’s competitive advantage or disadvantage — a classic Buffett consideration. When considering return on equity, it’s important to make sure a company doesn’t have an enormous debt burden, because that will skew your calculations and make the company look much more efficient than it actually is."
Find the additional reasons here: http://turnkeyoil.com/2011/08/09/energy-transfer-partners-buffett-worthy/