Better Buy: Kinder Morgan vs. Plains All American Pipeline
The severe oil bear market that started in mid-2014 took a huge toll on Kinder Morgan (NYSE: KMI) and Plains All American Pipeline (NYSE: PAA). That was a long time ago now, and Wall Street tends to be forward looking. However, a glance at the past will help differentiate between these two high yielders.
Kinder Morgan is one of the largest and most diversified midstream companies in North America. It has a scale and reach that few can match, and it is well positioned to grow over the long term. Many industry watchers like the company's prospects. The stock is up a massive 33% or so in 2019.
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Source Fool.com
