2024-05-20 07:05:00 ET
Summary
- We bought KMI back in late February and have significantly outperformed the broader midstream sector and S&P 500 since then.
- Our investment thesis for Kinder Morgan stock recently fundamentally changed.
- As a result, we sold the stock.
I previously bought Kinder Morgan ( KMI ) stock back in late February. Since then, the stock has delivered very attractive returns, significantly outperforming the broader midstream ( AMLP ) sector as well as the S&P 500 ( SPY ) over that period:
Read the full article on Seeking Alpha
For further details see:
Sell Alert: Why I Recently Dumped 6%-Yielding Kinder Morgan Stock