Jim Cramer on Enbridge: “It’s Really for Everybody, Not Just for Retirees”

Enbridge Inc. (NYSE:ENB) is among Jim Cramer’s stock calls as he discussed the impact of the bond market. A caller inquired what a good buy-in price would be for the stock, and Cramer was quick to say:

Oh my God, right here, right here. Buy some and hope it goes lower. That’s how good it is. And you’re absolutely right. I mentioned it in the book. It’s really for everybody, not just for retirees. It’s for everyone.

Enbridge Inc. (NYSE:ENB) operates major energy infrastructure, transporting oil and natural gas and managing utility and renewable energy assets. A caller asked for Cramer’s thoughts on the stock during the February 6 episode, and Cramer replied:

I love Enbridge, but it hit a 52-week high today. It reports next week. I still think they, you know, look, the yield’s great. It’s a really good company. I’m not going to push something at a 52-week high before it reports. There’ll be people who don’t like it, and that’s when you’re going to want buy it, after they sell it.

While we acknowledge the risk and potential of ENB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ENB and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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