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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (62331)7/30/2019 9:29:18 PM
From: Goose94Read Replies (1) of 203020
 
Enbridge (ENB-T) top pick from Bruce Murray on BNN.ca Market Call Tuesday July 30th @ 1200ET

Enbridge shares have pulled back on continued pipeline drama this time in Michigan. However, the company has done a good job cleaning up its corporate structure and while its growth rate may slow in the early ‘20s, its dividend should yield more than 7 per cent after a couple of planned increases. Any political resolution on pipelines would be a positive for the shares as would further debt reduction. We think the shares should trade back to $50 level and higher with pipeline approval news.
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