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Posted by
Two Blokes May 11 -
Filed in
Stock
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Enbridge common shares' recent gains in USD are due to a stronger Canadian dollar, with resistance at CAD65 still in place after 10 years. Preferred shares offer better yields and no currency risk for US investors. Series L has the highest capital gain potential if called and the earliest reset date. Enbridge's full-year guidance reflects slow steady growth. New projects on the mainline and gas transmission lines in Texas support 3-5% growth into the future.
