TRP - Why 7.5%-Yielding TC Energy Is A Compelling Investment For Value Investors?

2024-05-08 02:54:36 ET

Summary

• Warren Buffett hinted at a possible investment opportunity in Canada, sparking speculation among investors.
• TC Energy could be a potential target for Buffett, offering a wide-moat business in the North American energy sector.
• TRP presents an undervalued opportunity with steady dividend growth, robust infrastructure assets, and strategic initiatives for debt reduction and growth projects.

All financial numbers in this article are in Canadian dollars unless noted otherwise.

Introduction

As some might know, Berkshire Hathaway ( BRK.B ) just had its annual conference in Omaha, Nebraska. As usual, Mr. Warren Buffett shared his views on his company, the economy, and a wide range of other issues, including potential future investments....

For further details see: