enbridge

ENBRIDGE INC. $49 is a buy. The company (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.0 billion; Market cap: $98.0 billion; Price-to-sales ratio: 2.2; Dividend yield: 7.0%; TSINetwork Rating: Above Average; www.enbridge.com) is teaming up with Capital Power Corp....

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Utility firms like Enbridge and Fortis continue to invest big sums in new projects and upgrades to their current operations. Regulators will let them pass along those costs to their customers, which cut the risk of these big investments. Predictable cash flows also give the companies plenty of room to keep raising their dividends.


ENBRIDGE INC....

The traditional telecommunications service providers, such as Telus and BCE, are trading at substantially lower valuations than other “infrastructure” type companies. This is not only true for Canadian companies, but also for U.S. and other similar companies in Europe.


Infrastructure type companies such as telecommunications, pipelines, utilities, and railroad companies have delivered comparable financial results over the past five years—so this provides scant reason for the significant valuation differences....

ENBRIDGE $52.23 is a #1 Buy for 2021. The firm (Toronto symbol ENB; Shares o/s: 2.0 billion; Market cap: $105.8 billion; TSINetwork Rating: Above Average; Dividend yield: 6.4%; www.enbridge.com) has agreed to buy 2 billion cubic feet of renewable natural gas (RNG) annually from U.S.-based Vanguard Renewables.


Vanguard makes RNG using the gases produced by the breakdown of organic matter, such as agricultural waste, manure, municipal waste, plant material, sewage and food waste....

ENBRIDGE INC. $51 is a buy. The company (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.0 billion; Market cap: $102.0 billion; Price-to-sales ratio: 2.5; Dividend yield: 6.5%; TSINetwork Rating: Above Average; www.enbridge.com) has agreed to buy 2 billion cubic feet of renewable natural gas (RNG) annually from U.S.-based Vanguard Renewables.


Vanguard makes RNG using the gases produced by the breakdown of organic matter, such as agricultural waste, manure, municipal waste, plant material, sewage and food waste....

ENBRIDGE $50.79 is a #1 Buy for 2021. The firm (Toronto symbol ENB; Shares outstanding: 2.0 billion; Market cap: $102.4 billion; TSINetwork Rating: Above Average; Dividend yield: 6.6%; www.enbridge.com) is now buying Moda Midstream Operating, LLC, which owns North America’s largest crude oil export terminal near Corpus Christi, Texas.


That terminal can handle 1.6 million barrels a day, which is equal to 25% of all U.S....

Through Enbridge shares, investors win both a high yield and strong growth prospects. The firm’s transformation over the past few years—from eliminating its complex holding-company structure to its 2017 purchase of U.S. pipeline operator Spectra Energy for $37 billion—has positioned it to weather pandemic economic challenges and to prosper going forward....

MOLSON COORS CANADA INC. $65 (www.molsoncoors.com) is a hold. The stock has gained nearly 50% from its March 2020 low, as the re-opening of bars and restaurants has helped spur demand for its beers. The company has also added fast-selling beverages such as hard seltzers....

A: The PIMCO Global Short Maturity Fund (Canada) ETF, $19.75, symbol PMNT on Toronto (Units outstanding: 2.8 million; Market cap: $55.3 million; www.pimco.ca) began trading on the Toronto exchange on February 1, 2019....