Canadian energy infrastructure giant Enbridge believes it is a "must-own" investment. That's because it's a financially strong company with a premier asset base backed by a low-risk business model and visible growth prospects. That combo should drive superior returns over the long term.
It's hard to argue with the company because, in many ways, it's the total package for investors. It offers them a compelling blend of high-yield dividend income with clear line of sight on future growth, all for an inexpensive price, which is getting harder to find in today's roaring stock market. Those factors combine to make Enbridge a great stock to buy, in my opinion.
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Source: Fool.com