Enbridge Reaffirms Growth Targets and Raises Dividend
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There are value traps and then there are hated stocks. Enbridge is the latter, in my opinion. After hitting a peak of $56.03 in February, its share price plummeted by about 37% and has only partially recovered its losses. Since November, however, Enbridge shares have rallied about 23% off its lows. Pretty good, but at $43/share it's still far from it's pre-Covid high.
Enbridge Reaffirms Growth Targets and Raises Dividend
Enbridge Reaffirms Growth Targets and Raises…
Enbridge Reaffirms Growth Targets and Raises Dividend
There are value traps and then there are hated stocks. Enbridge is the latter, in my opinion. After hitting a peak of $56.03 in February, its share price plummeted by about 37% and has only partially recovered its losses. Since November, however, Enbridge shares have rallied about 23% off its lows. Pretty good, but at $43/share it's still far from it's pre-Covid high.