Jim Cramer Says Kinder Morgan (KMI) Stock Shouldn’t Have Fallen This Far

When a caller mentioned that they have not profited from their position in Kinder Morgan, Inc. (NYSE:KMI) during the lightning round of Mad Money on September 30, Jim Cramer said: I think Kinder Morgan is a stock that's now undervalued. It's come down and it shouldn't have. It sells at 19 times earnings. That's too cheap for me. I'm a buyer of KMI. I know it doesn't have the yield everybody wants, but I'm a buyer. Apart from the company, Cramer also recently showed a bullish sentiment toward Energy Transfer (ET). Additionally, he sees Enterprise Products Partners (EPD) as a pipeline winner.Jim Cramer Says Microsoft’s (MSFT) AI Investment Is Finally Paying Off Record Earnings And Natural Gas Infrastructure Demand Kinder Morgan, Inc.