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Stock impact report

Why TC Energy Corp. stock is powering higher [Toronto Globe and Mail (Ontario, Canada)]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
Why TC Energy Corp. stock is powering higher TC Energy Corp. has been a standout performer in 219, delivering a total return of 36 per cent that leads my model Yield Hog Dividend Growth Portfolio. So is it time to sell and lock in my profit? Heck, no. A short-term pullback is always possible after such scorching gains, but I’m confident that the pipeline operator and power producer (formerly TransCanada Corp.) will continue to reward investors over the long run. Here’s why. Interest rates lower for longer Falling bond yields have given TC Energy (TRP) and other pipelines a boost, as slowing global economic growth has stoked speculation that central banks will chop interest rates. Through July 8, Pembina Pipeline Corp. (PPL) posted a year-to-date total return of about 23 per cent, Inter Pipeline Ltd. (IPL) was ahead 18 per cent and Enbridge Inc. (ENB) was up nearly 15 per cent (all returns include dividends). The tailwind from lower rates – which cut borrowing costs and improve stock v Show less Read more
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