Long-term investment strategies: Energy Transfer (ET) and Amazon (AMZN)

What happened: Jim Cramer endorsed Energy Transfer (ET) for its dividend and out-of-favor sector opportunity, while Amazon (AMZN) topped Jeff Bezos' stock portfolio. Global X MLP ETF (MLPA) pays a 7.4% yield, supported by improving coverage. Amazon is among the most bought stocks by hedge funds in Q1 2026. However, the AMZY ETF's income strategy capped Amazon's upside, costing long-term investors.

Market impact: The narrative drives interest in dividend-paying energy stocks like ET and MLPA, given their income reliability and potential sector turnaround. It also boosts confidence in Amazon's growth, with hedge funds increasing their stakes. The AMZY ETF's strategy, however, highlights the trade-off between yield and upside potential in income-focused ETFs.

What to watch next: Energy Transfer's Q2 earnings on August 5 will provide insights into its dividend sustainability and growth prospects. Amazon's Q2 earnings on July 28 will offer updates on its cloud, e-commerce, and advertising businesses. Additionally, oil prices and policy changes could impact MLPA's distribution safety and ET's performance.