Billionaire Boys Club Member Forum (BBCMF)

[mick]

6. Enbridge Inc (NYSE:ENB)
Number of Hedge Fund Investors: 32

Jim Cramer recently pitched Enbridge Inc (NYSE:ENB) as a high-yield dividend stock which also has strong growth prospects in terms of share price appreciation. Cramer was responding to a questioner who asked about the benefits of investing in equity markets versus treasury bonds which seem much safer in the current market environment.

“You want to take the long-term view. You can buy a dividend-yielding stock that is very good, like Enbridge, like ONEOK, that have growth, not just dividend.”

In May, Jim Cramer said that he likes Enbridge Inc (NYSE:ENB) and trusts its management team.