ENB-T
Sell Banks for Pipelines? He likes this strategy. Balance the weight between both he suggests. Pipelines are economically sensitive these days, due to their weightings in the energy ETFs. ENB, TRP and PPL have been particularly sensitive. He thinks the valuations warrant investment here.
Preferred H shares? The preferreds are yielding about 9%. This was issued at $25 originally with a yield just over 4%. Buying at $11.50 affords the high yield. It will reset in 2023, around 2.5% based on current interest rates (versus the 4% it was originally issued at). If interest rates go up in 2023 the yield will increase, but do investors think rates will be that much higher?
Preferred H shares? The preferreds are yielding about 9%. This was issued at $25 originally with a yield just over 4%. Buying at $11.50 affords the high yield. It will reset in 2023, around 2.5% based on current interest rates (versus the 4% it was originally issued at). If interest rates go up in 2023 the yield will increase, but do investors think rates will be that much higher?
IPL-T vs. ENB-T. IPL-T is a mid-carrier. It moves between facilities. ENB-T is international and moves between Canada and the US. ENB-T also owns a local gas utility in Southern Ontario. He owns ENB-T because it is a higher quality company and has bigger projects that are somewhat deferred due to environmental assessments. The dividend is stable and was not at risk.
IPL-T vs. ENB-T. IPL-T is a mid-carrier. It moves between facilities. ENB-T is international and moves between Canada and the US. ENB-T also owns a local gas utility in Southern Ontario. He owns ENB-T because it is a higher quality company and has bigger projects that are somewhat deferred due to environmental assessments. The dividend is stable and was not at risk.
ENB vs TRP? He believes having one of these holdings is key to your portfolio. It is getting harder to put pipe in the ground, so existing assets are valuable. He owns ENB, due to the amount of oil they move and the pricing power they have with tolls.
ENB vs TRP? He believes having one of these holdings is key to your portfolio. It is getting harder to put pipe in the ground, so existing assets are valuable. He owns ENB, due to the amount of oil they move and the pricing power they have with tolls.
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 61
Neutral - Hold Signals / Votes : 10
Bearish - Sell Signals / Votes : 7
Total Signals / Votes : 78
Enbridge is a Canadian stock, trading under the symbol ENB-T on the Toronto Stock Exchange (ENB-CT). It is usually referred to as TSX:ENB or ENB-T
In the last year, 78 stock analysts published opinions about ENB-T. 61 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Enbridge.
Enbridge was recommended as a Top Pick by Barry Schwartz on 2020-07-31. Read the latest stock experts ratings for Enbridge.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
78 stock analysts on Stockchase covered Enbridge In the last year. It is a trending stock that is worth watching.
On 2020-07-31, Enbridge (ENB-T) stock closed at a price of $42.87.
