Cramer: Kinder Morgan Energy Partners' (KMP) Rich Kinder Is a 'Bankable CEO'

NEW YORK (TheStreet) -- TheStreet's Jim Cramer says the market's turn on Rich Kinder, CEO of Kinder Morgan Energy Partners  (KMP), is a mistake because of his company's performance over the long term.

Cramer notes that while many people dislike master limited partnerships, he still believes they are solid income vehicles and Kinder has a way of looking forward. Thus, he rates Kinder Morgan as a "buy."

Furthermore, Cramer suggests swapping out of Linn Energy (LINE) and moving into KMP, which he notes has come down substantially. Some feel Kinder is too big and unwieldy, but Cramer puts his faith in KMP.

Must Watch: Kinder Morgan's Rich Kinder is one of Jim Cramer 's 'Bankable CEOs'

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Separately, TheStreet Ratings team rates KINDER MORGAN INC as a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate KINDER MORGAN INC (KMI) a BUY. This is driven by some important positives, 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, compelling growth in net income, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."

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