Cramer: Consider This Stock a 'Money Machine'

"Some stocks are just straight up money machines," Cramer said Thursday. "Veritable ATMs that pay you loads of cash quarter after quarter, year after year."

Take Kinder Morgan Energy Partners , for example. The oil and gas pipelines company boasts a 5.9 percent dividend yield and has a history of raising its dividend. Cramer thinks every investor's portfolio should include a stock that, like KMP, has a high yield and the ability to continue raising its dividend. Owning these kinds of stocks is important, he explained, because it's one of the best ways to build wealth over the long-term.

Including reinvested dividends, KMP has posted a 77 percent return since Cramer first recommended it on April 2, 2007. The S&P 500 is down nearly 5 percent over the same period, he said.

Kinder Morgan is the largest and best management master limited partnership today, Cramer said. It has more than 24,000 miles of pipeliens, which it uses to transport petroleum products, natural gas and carbon dioxide, among other products. Cramer likens Kinder Morgan to a toll operator, as it collects fees for transporting goods. In turn, it can make money even when nautural gas prices are low because it's not hostage to the price of the commodity.

Cramer is bullish on Kinder Morgan, but wanted to learn more about what's ahead for this Houston-based company. Watch the video to see his interview with CEO Richard Kinder.

Call Cramer: 1-800-743-CNBC

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