Q: Hi Folks,
Finally breaking even with Enbridge. Thinking about selling my position and buying CNQ. This would be in a non registered account. May I have your opinion ?
Thanks
Finally breaking even with Enbridge. Thinking about selling my position and buying CNQ. This would be in a non registered account. May I have your opinion ?
Thanks
5i Research Answer:
We have a similar question/answer posted today. ENB is an infrastructure company, and largely an income stock, in our view. CNQ is much more directly tied to commodity prices and has more growth potential in a sector rally. If one wanted growth, we would be fine with a switch to CNQ, as long as investors understand the difference. But we would not view ENB as a sell.