NEW YORK (TheStreet) -- TheStreet's Jim Cramer says European Central Bank chief Mario Draghi is trying to save Europe from Germany, and investors should consequently buy U.S. stocks.
Cramer says Europe is taking rates lower and buying bonds and asset-backed securities, which keeps the world's rates lower. Cramer says this is bad for savers and terrible for those whose CDs are rolling over, but great for investors looking for buys such as Kinder Morgan (KMI - Get Report) or Dominion Resources (DRU) .
Cramer thinks investors need yield, and a way to get it is to buy a stock such as Boardwalk Partners Pipeline (BWP - Get Report) , which is going to increase its dividend. Cramer says investors need to make their money work harder, which means finding yield without reaching for risk. Therefore, he suggests Master Limited Partnerships, which he calls "the spinoff of what Draghi is doing."
"We rate KINDER MORGAN INC (KMI) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated." You can view the full analysis from the report here: KMI Ratings Report KMI data by YCharts
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