TSE:ENB

Enbridge (ENB.TO)

67.37
+0.18 (0.27%)
as of Oct 23, 2026, 8:00:00 pm Market Closed.
2696 watching
0
BUY
The utilities go up and down with yields. A great company. Dividend yield is 3.5%. Once people the side that interest rates in Canada are not going to continue to go up, money will come back in. A safe holding.
DON'T BUY
A good long-term story, but very little growth. Single digit growth over the next four years. Trading at a multiple of about 20 X earnings.
TOP PICK
One of North America's largest oil pipeline companies. Most closely tied to major oil sands expenditures and growth. Have $8 billion in construction projects on their drawing boards. A growth story. Terrific dividend history.
BUY
Utility stocks have been very disappointing performers in the last quarter. Part of it has to do with the rise in interest rates. Thinks the sector is an interesting long-term area. Thinks there will be a lot of pipeline expansion and energy oriented expenditures over the next 5/10 years. A low risk investment. Could go higher.
BUY
Prefers Trans Canada (TRP-T) which has a better earnings profile but there's nothing wrong with this company. A stable yield.
BUY
Interest sensitive, but prefers over TransCanada Pipe TRP-T) because it has more growth.
DON'T BUY
The growth of pipelines is going to be astounding. It's going to be a great place to be in, however, this one is terribly expensive at !0.8 X to cash flow. If you look at the charts of the utilities, they are starting to roll a bit.
TOP PICK
Yield of 3.5%. Has pulled back which gives it a good entry point. The group was oversold and is now a little bit out of a favour. There is expansion in pipelines and he is expecting 9/10% growth.
BUY
Going down because of interest rates. All utility stocks become less attractive as people move into T-bills and short-term bonds. The changes to dividend tax rates outside of RRSP are going to make these stocks increasingly attractive.
BUY
Can see it going higher. Has 4/5 strategic initiatives. An aggressive competitor and really trying to grow their business. Reasonable yield and excellent management team.
HOLD
She owns this stock and continues to like it. It is better to be in the common equity than a trust because this is where you get the most upside potential. Utilities stocks have been stalled because of interest rate views. There are also concerns about what is going to happen to the MacKenzie pipeline. Predicts delivery of energy will be in high demand and Enbridge is well positioned for that.
BUY
Buying under $35. Has a little better growth then Transcanada. $40 is a bit high.
HOLD
Good long term holding. Excellent investment. Conservative stock. He owns and is holding.
BUY
He prefers ENB over TRP. It has better earnings and growth.(2-3%) Less volatile.
DON'T BUY
Expensive stock. Prefers TransCanada.
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