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

2017-10-11

Opinion for Enbridge (ENB-T)

Signal Price Bias Subject Owned
PAST TOP PICK $51.980 OPTIMISTIC NORTH AMERICAN - LARGE Yes

(A Top Pick Oct 12/16. Down 6%.) Hadn’t done as well as expected. It is a pipeline stock and is interest sensitive. Rising interest rates have worked against all interest sensitive stocks. In the last few months, anything energy related had investors backing away, which hit the pipelines. They also have the Line 3 replacement in their backlog, and still have to get Minnesota’s regulatory approval. In a slowly rising rate environment this is quite attractive, and you are getting paid to wait. She would still be a buyer.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management

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