Enbridge (TSX:ENB) is often mentioned as one of the best long-term stocks to add to any long-term portfolio. And while there are plenty of reasons for that view, there are a handful of key points that investors should consider when looking to buy Enbridge stock.
Here’s a look at a trio of reasons why you should buy Enbridge stock to include as part of any well-diversified portfolio.
Reason #1- Enbridge generates a reliable, defensive revenue stream
Most investors are familiar with Enbridge, but few contemplating whether to buy Enbridge stock may realize just how huge Enbridge is.
Enbridge is a true energy sector behemoth, with its tentacles firmly entrenched in multiple segments of the energy sector. But there’s one segment above all others boasting massive appeal – pipelines.
Enbridge operates the largest and most complex pipeline network on the planet. That segment includes both natural gas and…
