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Stock impact report

Enbridge Stock: Buy Now or Wait for More Downside? [Yahoo! Finance Canada]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
Enbridge TSX:ENB ) is down from its 12-month high. Investors who missed the big rally off the 2023 slump are wondering if ENB stock is now undervalued again and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) focused on dividends and total returns. Enbridge share price Enbridge trades near $63.50 at the time of writing. The stock was as high as $70 at the end of September, but has since been on a downward trend. Changes in interest rates in Canada and the United States can impact Enbridge's share price. In 2022 and 2023, when the central banks aggressively raised rates, the stock fell as investors worried that the increase in debt expenses would force the company to trim its generous dividend. That didn't happen. In fact, Enbridge has continued to increase its distribution. The start of the rebound in the stock price occurred in late 2023 when markets shifted from expectations of more rate hikes to anticipation of r Show less Read more
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