2024-02-09 13:19:52 ET
Summary
- We had rated Enbridge Inc. stock a Buy in November based on its strong value proposition.
- The bull case was further de-risked with Q4 2023 numbers.
- The 2024 blowout guidance makes it hard to not own some Enbridge Inc. shares here, and we are upgrading this to a Strong Buy and also suggest the preferred shares option.
On our last coverage of Enbridge Inc. ( ENB , ENB:CA ) we were impressed by strong results and the lowered leverage metrics that came alongside that....
Read the full article on Seeking Alpha
For further details see:
Enbridge: Blowout Guidance Underscores The Bull Case