Enbridge Inc T.ENB.PR.G

Barry Schwartz - BNN - WEAK BUY

[Possibleidiot01]

Enbridge(ENB-T)

22/07/2024

 

Good environment with falling interest rates?

His clients looking for income own shares in PPL and KEY. Doesn't love buying a company just for the yield. He wants to dig deep and figure out the fundamentals, growth prospects, balance sheet status, and payout ratio. Those are things you need to be very careful of when you're buying companies just for income.

If rates continue to fall, ENB is undervalued. And, yes, it could go up to $60-70. But he wants to own companies where he can get double-digit earnings growth over a 5-year period, and a chance to doube his money. He doesn't see that with ENB.

But if you're OK getting a nice yield without the volatility of a growth name, then this is a perfect fit for your portfolio.

oil / gas pipelines

 

$50.600

No

[Marty47]

lol he can also loose half is money too ....good old Barry , you don't invest in Enbridge for double the money but for security you make monthly income while you won't loose half your investment , good for people over 60 years old , you can hold Enbridge like 100k worth but just keep buying on the dip .... 

[corvette67]

Over 60 and love it. P.S. it goes x in 3 weeks. GLTA

[FiddyFiddyShot]

This post has been removed in accordance with Community Policy

[bttmfischer]

[unclebobby]

Enbridge  paying  better  than 7%  and BNN calling it a weak buy   HOW DO THESE CHANNELS EXIST. 

[NextTrendSearch]

Enbridge and others carrying significant debt should be rising based solely on interest rate cuts alone. If by the end of the year there are two more 25 point basis point cuts, that will make a 20% reduction on interest they would have paid which goes directly to the bottom line. More free cash flow for a company like this normally means increased dividends. I would not be surprised to see a mid

[NextTrendSearch]

Anxiously awaiting ENB and TRP Financial releases and calls the first couple days of August.  EOM

[Marty47]

Yes agree it's like machine gun in al Capone days , after 100 rounds from 30 feet you hit once or twice lol