Review of Enbridge Inc

JAN 24, 2023 - ENB is an industry leader, a regulated monopoly in the utility market in North America. Given the challenging economic environment, management indicates that the company experienced little impact mostly from higher financing costs indicating the phenomenal competitive advantage of the utility business. We believe in ENB’s competitive advantage and capital deployment discipline, the company still has a long runway for growth especially when it comes to renewable energy transition, we are maintaining our rating at “B+”.

Download Report

Q: Curious about yields. It feels like the yield on ETF XHY remains around the level it was several years ago (~6%) despite other stocks yielding much higher returns. Shouldn't those ETF holdings (high yield corporate bonds) be ticking upwards too which should drive the ETF yield higher? Maybe there is a time-delay as they have to reset?

So with various stock yields as high as they are I would like to try to benefit from the yields AND set up for capital gains on the same stocks that *should* pop as interest rates normalize and fall a bit. What are 3 CAD and 3 USD stocks that fit the bill? (High current yield AND good likelihood to strong share price increase in 1-3 years.) And where would ENS fit relative to those suggestions?

Read Answer Asked by Marilou on December 01, 2023

Q: Please identify your 5 top equity CDN bond proxies that pay north of a 5% dividend where you believe the dividend is safe plus there is room for growth in the stock price.

Read Answer Asked by LEN on November 30, 2023

Enbridge Inc. (ENB)

Q: Your thoughts on the ENB news out today?

Thx

Read Answer Asked by blake on November 29, 2023