RE:Top Pick on BNN Market Call Today :>)The Text of Ryan Bushell's MarketCall Top Pick GLTA
Pembina Pipeline (PPL TSX)
Pembina Pipeline is mispriced in our opinion given the go-forward outlook for Western Canadian natural gas volumes over the next decade or more. With the completion of LNG Canada, phase one in late 2025 to early 2026, natural gas volumes will increase throughout the basin where Pembina is a dominant infrastructure provider. Additionally, opportunities to develop a floating LNG facility alongside First Nations partners and potentially purchase the Transmountain system from the federal government provide significant transformative growth optionality for the company. In the meantime, you collect a nearly six per cent dividend yield with consistent growth at a share price in the middle of its 52-week range.