Jim Cramer on Enbridge: “I Think This One Gives You a Ton of Downside Protection”
Enbridge Inc. (NYSE:ENB) is one of the stocks Jim Cramer recently shed light on. Cramer noted that it has been one of his long-time favorites. The Mad Money host said: “I want to start with one that has long been my favorite. It’s called Enbridge… Best of all, the stock supports a dividend yield of just over 5.6%… I’m not talking much about these energy stocks… but that’s because we have a drill baby drill White House, and that generally leads to lower oil and gas prices… If we produce more oil, which we ...