Barchart.com's Chart of the Day - Kinder Morgan (KMI) for Mar 26, 2012

The "Chart of the Day" is Kinder Morgan (KMI), which showed up on Friday's Barchart "All Time High" list. Kinder Morgan on Friday posted a new all-time high of $38.62 and closed up 3.26%. TrendSpotter has been Long since Feb 24 at $33.24. In recent news on the stock, Kinder Morgan said on March 15 that it expects its acquisition of El Paso to close in May. BofA/Merrill on March 20 downgraded the stock to Neutral from Buy due to valuation and left its target at $33. Kinder Morgan, with a market cap of $20 billion, is engaged in energy transportation and storage in North America. The Company handles energy products like natural gas, refined petroleum products, crude oil, ethanol, coal and carbon dioxide (CO2).