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Replies to post #6 on Crestwood Midstream Partners LP (CMLP)
Penny Roger$
01/28/13 1:27 AM
#7 RE: Timothy Smith #6
It's all about 2013 earnings, which are estimated to nearly double. Even with CMLP's historically high 42.08 P/E, 88%-plus growth in 2013 gives it a low 2013 PEG of .47, and makes it appear undervalued on a 2013 PEG basis. This, coupled with the 8%-plus yield, are most likely what's driving CMLP's 2013 price gains.