Jim Cramer’s 12 Stock Calls and the Impact of Bond Market

9. Enbridge Inc. (NYSE:ENB)

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.