MPLX MPLX LP

Jim Cramer highlighted several stocks during Wednesday’s “Mad Money” lightning round, offering brief views on their valuations, income potential and recent catalysts. Cramer said MPLX stands out as an attractive oil-related income play, pointing to its 7.6% dividend yield and the company’s ability to comfortably cover the payout. He said the combination of a high yield and exposure to the energy sector fits the type of stock he is currently looking for. On Grail, Cramer said he had been waiting for the company to receive a key regulatory approval and had expected the stock to surge if it happened. Following the approval, he said he believes the shares may have further upside, comparing the situation with Moderna when it traded around $120. For Kinder Morgan, Cramer took a bullish stance, arguing that the stock is currently undervalued after pulling back. He noted that the shares trade at roughly 19 times earnings. $MPLX $GRAL $KMI

$MPLX is number 43 on the NYSE strong buy list this morning. I'm up 1.5% and it's up 1.5% the past 3 weeks carries a 7.5% dividend. It's up against the S&P 1m,3m, and 12M graphs as well. Set an alert/stop. Good to all investors around the world.