Enbridge Inc. stock has delivered a 6% total return since my previous bullish call, outperforming the broad U.S. stock market. Favorable industry trends and strong Q1 earnings from major U.S. oil and gas companies indicate a positive outlook for Enbridge's midstream operations. Enbridge's intrinsic value is estimated at $51.8, 11% higher than the last close, supported by a solid 5.8% forward dividend yield and favorable fundamentals.
A lot has changed since we recommended our top five stocks to buy in April.
Enbridge (ENB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the closing of the recent trading day, Enbridge (ENB) stood at $46.69, denoting a +0.11% change from the preceding trading day.
Enbridge (ENB) concluded the recent trading session at $46.64, signifying a +0.97% move from its prior day's close.
Watching as stock prices plummet one day and soar the next is hard, particularly when the overall trend appears to be downward. While geopolitical and economic issues make the volatility on Wall Street easy to understand, that fact doesn't make the volatility any easier to handle.
This year's volatile swings on Wall Street are disconcerting, but the truth is, they aren't actually all that unusual. Corrections, downturns, and even bear markets are normal parts of investing, no matter how upsetting they are.
Enbridge (ENB) concluded the recent trading session at $45.64, signifying a +1.44% move from its prior day's close.
Many investors probably want a hiding place with the ongoing turbulence in both the stock and bond markets. Enbridge Inc. stock is an appealing idea as an equity bond due to several reasons. Its remarkable history of consistent dividend payments – similar to the coupons from bonds – demonstrates the durability of its moat.
You don't need to be a millionaire to retire comfortably; most retirees are doing well with significantly less than $1.5 million in savings. The Federal Reserve's survey shows that 86% of retirees aged 65-74 are managing financially, with many living comfortably on savings between $50,000 and $249,000. Social Security benefits and reduced spending in retirement contribute significantly to financial security, making high savings targets less critical for many.
Enbridge (ENB 1.70%) is one of the largest midstream companies in North America. That said, it is a Canadian company and a big part of its business is moving Canadian oil and natural gas down into the United States.
The stock market has plunged nearly 15% from its recent high due to concerns that tariffs could cause a recession. It could continue sinking if those fears turn into reality.