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31.10.2019 14:14:00

Is Enbridge a Buy?

Enbridge (NYSE: ENB) has generated solid returns for its investors this year. Shares of the Canadian energy company have gained about 18% so far in 2019. Add in the company's dividend, and the total return is nearly 24%, which is just ahead of the red-hot S&P 500.On the one hand, Enbridge's rally this year means that its shares are no longer quite the bargain they once were. However, after digging into the numbers, it's easy to see more upside ahead for Enbridge. Here's a look at three reasons investors should consider buying shares of the Canadian pipeline giant.Image source: Getty Images.Continue reading
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