RE:Is ENB a Dog...or NOtLets look at how ENB has recovered compared to the low of the TSX last March shall we ?
March 23rd 2020 the TSX closed at 11,228, & ENB bottomed out at 33 and change if memory serves.
Yesterday the TSX closed at 20,300, which is an 81 % gain from the March 2020 low. If ENB were not a dog, it too would have gained 80 percent from it's 33 dollar low, indicating a nearly 60 dollar share price.
Based on these facts, I'll leave it to the more qualified here to determine whether ENB is a dog or not.
From where I'm sitting, a ticker symbol change to "WOOF", wouldn't be inapporpriate at all.
Fantome wrote :"A number of posters seem to be arguing that ENB is a dog for various reasons and linking the performance to rise in the price of WTI.
Sooooo...let's look at a fundamental fact....
Year to date performance as of yesterday's close not including dividends...
TSX.....+18.00%
ENB.....+22.6%
I leave it to the more qualified here to determine whether ENB is a dog or not."