Enbridge (ENB.TO)

He's been selling down his stake. Price has come up, so yield's gone down. You can hold it for the dividend, which increases 3-4% a year. Good exposure to pipelines, but also power and utilities in the US. Diversified, well run.

If you want more than 8-10% return, better opportunities out there.

He's been cautious on the pipes. The pipeline ETF in the US is hitting RSI new lows for the year, as are a lot of the pipes in Canada (including the best-performing one, ENB). Price chart looks fine, relative strength is weak. Fine for the yield.

People looking at long-life, more-utility-type assets are focusing more on electrical power generation. In that camp, you might look at CPX.

Likes and owns both. If she had to buy one today, it would be PPL. ENB has already seen growth. PPL lagged for a lot of this year, flat to negative, up until last week with Alberta data centre announcement. Pembina has a strong management and track record.

Technical analysts love to give fancy names to chart patterns ;)  The 5-year for this name is showing a cup and handle -- with that rounded bottom, perhaps a little pullback, and then a breakout and consolidation. Also a nice swing trade. Now testing the breakout point, and successfully so. Looks good.

You should take note of the litigation issue and remember that the news and media can move a stock. However she doesn't see anything being detrimental over the longer term. The natural gas side is picking up although the oil side is under a bit of pressure. She thinks Enbridge can adapt. The dividend is over 6%.

ENB has done well, and offers a solid secure dividend. We would remain quite comfortable buying it in the low $64 range. 
Unlock Premium - Try 5i Free  

Banks look to be extended, but pipelines seem to be reaccelerating (TRP, ENB). Given his view about a potential correction coming soon, doesn't mind rotating a bit out of BMO and putting some into ENB. Likes the breakout, and thinks it's more defensive-related, not energy-related.

If you look at the Commitment of Traders data (published every Friday), commercial hedgers (considered the "smart money") have been hedging crude oil less (which means they've been going longer). Something interesting is happening there.

The kind of stock everyone can own. Dollar-cost average in, and hold long term. Consistent, reliable, pseudo-utility though it falls under energy. Not high growth or a high ROC, as it's very capital intensive. Dividend chart and payout ratio look fantastic.

Stable dividend, 30 years of consecutive dividend growth. Solid revenue pipeline, which is regulated. Earnings growth in mid-single range. Pretty healthy outlook for the stock. Price of oil has somewhat stabilized. Yield is 6%.

If you don't need the income right now, sign up for the DRIP.

The thing about this one is that the call premiums can often be weighed down by dividends. So if you're going to sell calls on something with a higher dividend, and it's a lower-volatility name, you can expect the option premium to be small. Not something he'd do, as it has a pretty good yield already of 6-7%.

Likes all the pipelines. Energy infrastructure spending is a huge area for Canada over the next number of years. This name is a prime beneficiary. Good dividend yield. 

Great income name. Gets nat gas where it needs to go. Yield is 6%, and dividend grows 2-3% a year. Overall, you're looking at a 9% total return on a long-term basis. Improved capital structure by selling a pipeline in BC. Well managed.

If the leading sectors in the market are those that would benefit from a more inflationary environment (financials, materials, industrials, some energy), and they are, you want to look at the groups that are not. Things that act like bonds (utilities, staples, REITs, pipelines) are underperforming.

It could be that people piled into defensives in April, but they just haven't performed. So with other groups that are economically sensitive performing, the defensive groups are being used as a source of cash. Great dividend, and that will grow mid-single digits. He'd rather be leaning towards hedging against inflation than disinflation (which is where a pipeline would come in).

Does fluctuate a bit with the price of oil, but not as much as a producer. Attractive income name. Federal government's infrastructure plan would be positive for pipelines, albeit a few years away. Yield is close to 6%, and the dividend increases every year.

A lot of defensive names ran up recently as people used them as places to hide. Valuation still very attractive. Dividend yield is quite strong. Growth outlook is reasonable. Reasonable name for income. Attractive entry point would be something below $60. Yield is 6.1%.