TC Energy Corp T.TRP

Basket case or bargain?

[BSdetector2016]

Nicely oversold and heading lower...

[DeanEdmonton]

Never been able to pick a bottom but I have been legging in as it drops, started buying just above 57.. To me this is a great buying opportunity as I am a long term holder of this stock. Good price appreciation over time and a 6.5% dividend at these prices, what's not to like.

[DeanEdmonton]

Typo, should have said started at 59.70, not 57.

[Karl63]

Hey DE, couldn't agree more.  I've held it a long time and will start adding . . . I've got a buy in at $54.63; maybe get filled at 2:30ish?

[Canoutchie]

FWIW, I've also got a buy in at $54.50.  This one typically trades in a reliable range, and it's pretty much at the bottom of that range right now.  Pipelines are like rails... needed infrastructure, and frankly they're not building any more of this infrastructure.  6.5% dividend is better than GICs or bonds, plus any upside of a capital gain over the next 12 months

[Red_Deer]

RE: Typo, should have said started at 59.70, not 57. But NO MATTER__as we ALL WILL end up doing VERY WELL with our TRP Holdings eh!!!!

[SargeX]

Hey Dean Totally with you on this one. As mentioned, I had added some and was going to add more at TFSA time. Instead of waiting, I sold a bit of NWH and put part of it into TRP.. Our Nov total TRP buys are 250 shares at $60.42.  I have no doubt that this is going to look very good by this time next year. I still have high hopes for all the midstreamers we own for 2023 and the next few

[Red_Deer]

Hey SARGE__I am STILL just Holding__TransCanada was one of my Earliest BIG BUYs along with  my TELUS several decades ago__7500 shares @ 10.53 Adjusted Cost makes TRP my Highest Yielding holding @ 34.6% BUY and HOLD__ForEVER !!!!!!! This is ALL EveryONE NEEDS to DO to end up VERY WELL OFF eh !!!!

[SargeX]

Hey Red You definitely do have some really long term holdings. Good stuff and congrats. Ciao   Sarge

[HarroldG]

well said

[DeanEdmonton]

Last order filled at 54.30. This has come down further than I thought it would but have bought a lot of shares on the way down. Now I am out of dry powder for midstreams so they can fire the pipeline back up and let the share price rise again. Very happy to load up at these prices :-) 

[TimeBuilder]

YOU are NOT alone in your plan, cash flow  & thinking  :>))

[mrbb]

nibbled some at 54.3 near closing too