CA - DT Midstream: Get Out Before The Bubble Pops
2025-09-22 12:50:01 ET
DT Midstream ( DTM ) has been a very successful spinoff. I happen to like everything but the price. The stock is up since my last article . But all that is is too much of a good thing. The price is such that I maintain my strong sell rating because I really do not want to see what happens when that price-earnings ratio compresses. I personally believe that going past a price-earnings ratio of about 15 in the midstream area is a bit much to stomach. What is likely raising the chances of such an event (of a correction) is the political uncertainty resulting in threats of a trade war and tariffs that is about to hit the economy more so than many expect. I have covered Jamie Dimon , CEO JP Morgan Chase ( JPM ) who has long warned that the current party has gone on too long....
DT Midstream: Get Out Before The Bubble Pops