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Jim Cramer Advises His Viewers On Enbridge, Valeant And Ferrari

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Jim Cramer said on CNBC's "Mad Money" that he would hold a long position in Enbridge Inc (USA) (NYSE: ENB). It has a good dividend yield and it's the best in what it does, explained Cramer. He would sit tight, collect the dividends and reinvest them.

Valeant Pharmaceuticals Intl Inc (NYSE: VRX) isn't going up overnight, but it could trade to $16, believes Cramer.

Ferrari NV (NYSE: RACE) has already traded higher, but Cramer thinks that it's not that expensive.

Posted-In: CNBC Mad Money Jim CramerMedia

 

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