Ever caught yourself wondering if Enbridge is a bargain or just riding the energy wave? Let’s dig into what makes this stock catch the eye of so many investors.
Enbridge shares have climbed 3.8% in just the last week, up 10.3% year-to-date and an impressive 21.7% over the past year. This highlights renewed growth enthusiasm and shifting market sentiment.
Recent headlines spotlight Enbridge’s major expansion moves and upcoming infrastructure projects, giving the stock an extra spark. Policy developments and the push for reliable energy sources are adding important context to the price momentum we have seen.
On our valuation checks, Enbridge scores a 2 out of 6 for being undervalued, so there is more than one way to look at its true…