Enbridge: High-Yield Toll Taker With Growth Under the Hood
Enbridge trades under $57 with a ~5% yield, stable cash flow from fee-based pipelines and regulated utilities, and a multi-billion dollar growth program. This trade idea outlines a long entry at $56.74, a $66 target and a $51 stop, with a long-term horizon (180 trading days) aimed at capturing dividend income and re-rating potential as growth proje…