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Enbridge Inc. (ENB $66.42)
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Fortis Inc. (FTS $72.50)
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Metro Inc. (MRU $94.94)
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Hydro One Limited (H $53.09)
Q: Question for the 5i team. Are there any buys that may prove to good holdings in recession. 2 or 3 us and or cdn. Thanks in advance for sage advise!
5i Research Answer:
In a recession, good 'hiding places' tend to be in utilities and consumer staples. We would suggest: FTS, H, BEPC, L, MRU, ATD, ENB
ENB is technically in 'energy' but has utility-like characteristics.