Hi Dan.
What are your thoughts on Enbridge in my TFSA.
I would like to have a good dividend growth stock?
If not Enbridge do you have a recommendation.
Thanks
Hey there. I have no problems with Enbridge. Solid blue-chip equity here in Canada that should be able to sustain higher valuations in light of falling rates.
It reported a bit of "so-so" earnings that ultimately caused a 5%~ drop or so but the thing is it has had a meteoric climb over the last year so a bit of a selloff on a weak report is not all that surprising.
Zero issues with the company as a long-term holding inside a TFSA.