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Compiling comments that experts make about stocks while on public TV.

2017-09-12

Opinion for Enbridge (ENB-T)

Signal Price Bias Subject Owned
COMMENT $49.910 BULLISH NORTH AMERICAN - LARGE Yes

She likes it at this price. The yield is close to 5% and it rarely provides such a high yield. Likes the Spectra acquisition, which gave them exposure to North America in natural gas. They’ve indicated they can grow their dividend 10%-12% through 2024, a pretty attractive growth rate. There has been an overhang because they want to do this line replacement project. The last piece of regulatory approval they need is in Minnesota. They’ve already got approval from Canada, Wisconsin and North Dakota. The pipeline is already in the ground, but they want to replace the pipe and make it larger and add technology. Once they get that in place, they will be able to almost double capacity.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management

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