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Will Kinder Morgan Be the Stock That Got Away?

Friday - 1/4/2013, 8:22pm  ET

Energy pipeline giant Kinder Morgan , a recent selection for the real-money Inflation-Protected Income Growth Portfolio, leaped beyond the portfolio's declared "buy below" price before the actual cash investment could be made. That leaves portfolio manager Chuck Saletta with a quandry. Will he:

  • Pay a higher price, given the quality of Kinder Morgan's business,
  • Look to buy shares in one of Kinder Morgan's sister companies: Kinder Morgan Management , Kinder Morgan Energy Partners , or El Paso Pipeline Partners ,
  • Wait for the market to offer him the opportunity to buy the stock at the price he's willing to pay, or
  • Put that money elsewhere?

Watch this short video to find out: