- ENB -1.29% EBBGF -0.04% EBBNF +0.68% EBGEF +0.20% EBRZF 0.00%
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 are doing, that is great for Enbridge and its compadres. Plus, this is an incredibly predictable business with a deep-pocketed customer base…
Photo by Artem Podrez on Pexels
Enbridge Inc. (NYSE:ENB) operates major energy infrastructure, as the company transports oil and natural gas and manages utility and renewable energy assets.
While we acknowledge the potential of ENB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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