Kinder Morgan: A Good Example Of Why Investors Should Never Pay Attention To Wall Street Analysts
- Richard Kinder made a takeover offer for its MLP entities last week.
- The merger deal sent shares and units through the roof and investors can cheer double-digit returns over just a couple of trading days.
- Analysts, once again, didn't see it coming.
- Investors are well advised to do their own research and not rely on Wall Street analysts who are again famously late to the party.