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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (97548)	12/5/2020 1:15:30 PM
From: Goose94	Read Replies (1) of 202060

Enbridge (ENB-T) top pick from Michael Sprung on BNN.ca Market Call Friday Dec 4th @ 1200ET Enbridge's share price has reacted positively to the prospect of improving economic activity that may be commensurate with the deployment of the COVID-19 vaccine, but we believe that it remains undervalued. As the company progresses through its $11 billion capital program in growth projects, future dividend increases are likely to follow as the result of new projects and organic growth. It is hoped that construction of the Line 3 replacement could begin near year-end now that the key Section 404 permit has been granted by the U.S. Army Corps of Engineers. At current prices, the stock is yielding an attractive 7.8 per cent.

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