Targa's Shares Gain 76% Year to Date: Time to Buy or Hold?
TRGPTarga(TRGP) ZACKS·2024-09-23 21:31

Targa Resources Corp. (TRGP) has had a remarkable run this year, with its share price jumping 75.9% year to date, which is an impressive feat compared with the broader oil and energy sector managing only a 2.9% gain. Even within its sub-industry, which has gained 40.6%, TRGP has performed remarkably. With the S&P 500 rising 19.7%, it’s clear that TRGP is booming while many others are lagging behind. This raises an important question for investors: Should they take a leap and ride this wave or hold for a bet ...