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Navpreet_k Navpreet_k
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2 years ago
Would you recommend investing in enbridge inc ? Why or why not? Explain in detail
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Educator
2 years ago Edited: 2 years ago, bio_man
Enbridge is a solid longterm investment mainly because of its dividend payout at 3.44 / share or 6.07%. While it has already reached its 1-year target price estimate, there is still more room for growth given the current situation in Europe involving Russia and Ukraine. In the energy sector, there aren't too many natural gas competitors, hence Enbridge will remain strong and viable in the longstretch.
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