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Enbridge (ENB +1%) shares edge higher after CEO Al Monaco visits Jim Cramer on CNBC. Monaco says...

  • Friday, October 5, 2012, 9:48 AM ET
    Enbridge (ENB +1%) shares edge higher after CEO Al Monaco visits Jim Cramer on CNBC. Monaco says ENB has ~$18B worth of secured projects in the pipeline which would account for 10% growth, and the addition of incremental projects would allow it to easily reach its 12% growth goal. Cramer says he's still a fan of the stock following its Analyst Day update.
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    Trailing PE is 49 and if debt is subtracted from future earnings then ENB is overvalued IMHO
    5 Oct 2012, 09:58 AM Reply Like
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