Gublo
Small/Mid-Cap Trader, Multibagger/Penny Stocks, Earnings Analysis & Signals
Enbridge is regulated pipeline infrastructure rather than a commodity bet, moving about 30% of North America's crude and 20% of its natural gas, and its toll model and 6%-plus dividend yield are the long-term case. Q1 FY26 showed margin compression: revenue rose 21% to CAD 22.4B, but operating income fell 12% and EPS 26% to CAD 0.77. One quarter does not change the thesis, but it is worth noting. x.comÂ
Energy Transfer is an irreplaceable tollbooth yielding 6.7%, though as an MLP it is hard for offshore investors to buy and its K-1 tax forms are a drag. The conviction rests largely on a close friend, one of the best energy portfolio managers in the world, who made the case for it. x.comÂ
Canada's equity market offers one-ticker exposure to top banks, energy giants and miners that most global investors overlook, adding long-term diversification. It may be boring and probably underperforms, but the chart is a straight momentum buy: accumulation in 2022 preceded a strong yearly breakout. x.comÂ
De facto monopolies compound only when they have a reinvestment runway, not just a moat. TSMC ploughs profits into the next node, Intuitive Surgical into new procedures and installed base, and CoStar into new data verticals and regions, redeploying cash at high rates. A monopoly with no runway, like a toll road or regulated utility, is effectively a bond whose moat tempts investors to overpay. The screen tests genuine monopoly share, reinvestment runway and ROIC against its five-year average. … Show more