TC Energy (TRP.TO)

Stock's broken out, but still trading at 15-year lows. Will continue to do well. Benefits from Coastal GasLink. TRP touches 30% of natural gas molecules produced in NA. Good infrastructure, stable assets. Yield is 6%.

Likes the pipeline space with its stability and growth.

With rates moving lower, we should be looking at utilities in general. In terms of LNG demand strengthening over time, he likes names like ENB and TRP. They're large, with sustainable dividend growth.

In Q4 they will split into separate oil/liquids and natural gas distribution businesses. This will create value in the long term, not short. Prefers ENB which pays a slightly higher dividend, but is similar. TRP pays a nice dividend.

No real issues with it. Always trying different strategies to try to recognize value. Thinks it will always trade at a discount to peers. If you have a gain, don't need to run out and sell. If you're underwater, great candidate to sell, realize the loss, and buy ENB.

In the space, he owns ENB and PPL. Both have more robust plans for growth than TRP.  ENB is very inexpensive today, so that's his preference.

Take a look at ZWU, broadly diversified, higher yield than individual names. He'd much rather have exposure to that, better profile for income seekers. 

Both TRP and FTS have rallied significantly, so it's not favourable from a risk/return standpoint. He buys into corrections and weakness instead.

It's a rate story, so lower interest rates will push this further. Pays a high dividend of 4.5%. Will hold it long term.

It is well positioned on the natural gas side and the market has been way too negative in the past year. The slimmed down company will be almost a pure play on natural gas, transport and power.

Fine as an income stock. Project-cost overruns are largely behind. Not sure how natural gas spinoff will unfold. Likes pipelines, defensible cashflow streams, attractive dividend yields. Prefers others in the space. See her Top Picks.

Likes it, though not a huge winner. Has upside.

Owns shares in Enbridge, but TC Energy is a quality company too. Spin off of oil pipeline business could be good for shareholders. Solid dividend that is safe. 

Less expensive than either ENB or PPL, with higher dividend income.

Trades around 12.5x PE, yield's just over 7%, insider buying across the board to the tune of close to $8M last year. Nat gas demand has increased over the last 6 years at about a 4% clip, expected to continue. Dividend should be able to increase 3-5% per year.

Company continues to improve. Liquids spin out good for business. Would be a good place to buy. Cheap stock price valuation. Would recommend buying at current price. Assets very hard to replicate. 

Cost overruns of Coastal GasLink largely behind them. Interest sensitive. If rates start going down, should be a tailwind. Her preference is ENB.

Chart's improved, 200-day MA starting to move a bit higher. Price moved above 200-day late last year. Those are good signs technically. Great dividend, about 7.3%, fairly safe and in fact sees 4% growth. Spinning off liquid pipelines, should unlock shareholder value. Lots of exposure to nat gas, and those prices seem to be bottoming. Good for yield and steady growth.

He owns ENB instead.