Is he still credible? http://www.investimonials.com/commentators/reviews-jim-cramer.aspx
As far as making $3+ so far on NRGY, I think he still can come up with great ideas. Thank you Jim aka "Crazy Stock Guy."
Cramer is very good to excellent with dividend stocks and Master Limited Partnerships. Kinder Morgan is another MLP he likes and I have made plenty in both KMP in the past and KMR now. KMR is the better deal. I'm watching NRGY as a buy somewhat lower than here.
I just paid $37.90 for a partial position.
Cramer has mentioned many excellent high dividend type stocks on his Mad Money program as well as in his various books. A few that I've picked up from him are ETE, EPD, ETP, KMP (or KMR in an IRA,)LINE, EVEP, HGT, BPT, PBT, PWE--and outside energy, NLY, PGF, MPW, CPL, FTE, MO. One thing I've noticed is that intelligent investors own (and some trade)these stocks. Many generously share their holdings and analysis (I always do my own homework and only buy on dips.)
Marginally so.
I am a long term income investor and think NRGY fits very well for those looking for a relatively secure higher yield. The transactions over the last 12 month making them stronger, more secure although the possibility exist the distribution is in the $2.50-2.65 neighborhood for the next 1-3 yrs. Short term price movements and 10-15% fluctuations over the short term don't matter. I think long term, the distribution is higher than now.
I hope so, cause I like this stock a lot.
I just hate when the CEO says the div is in no danger. Remember when Jeff at GE said the same thing and then cut the div.