Cramer Is Not A Buyer Of IBM And Kayne Anderson MLP, But Likes Kinder Morgan

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On
CNBC's Mad Money
, Jim Cramer said that he doesn't want to buy
International Business Machines Corp.IBM
because its earnings are not good enough for him. He added that people now want to buy stocks that are trading high and not struggling like
IBM
. Cramer thinks that
Kayne Anderson MLP Investment Co.KYN
is sensitive to the crude oil price and instead of buying this stock, he would rather own
Kinder Morgan IncKMI
. It has a low exposure to crude oil and a lot of upside, believes Cramer.
Posted In: CNBCJim CramerMediaTrading IdeasMad Money
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