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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (158145)	8/2/2023 1:50:37 PM
From: Goose94	Read Replies (2) of 202399

Trans Canada Energy (TRP-T) top pick from Robert Gill on BNN.ca Market Call Wednesday Hump Day August 2nd @ 1200ET TC Energy is an energy infrastructure company with a large portfolio of oil and gas pipelines that connect supply from production basins to key North American markets. Shares have sold off on account of recent assets that were sold at a multiple slightly below what the market was looking for. Also, the company has announced a spin-off that will change the corporate structure of the company. Investors are concerned that management has been focused on the new corporate structure and debt reduction rather than growth. Shares trade at an attractive multiple of 11 times and have an impressive 8.2 per cent dividend yield. Last purchase $46.60.

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