Enbridge Nears 52-Week High Mark: Should Investors Bet on the Stock?

Key Takeaways Enbridge closed at $48.30, just shy of its 52-week high of $48.59 per share.Nearly 98% of ENB's EBITDA comes from long-term contracts or regulated networks.ENB eyes growth with data center energy deals and C$32B in customer-backed projects.Enbridge Inc. (ENB) closed at $48.30 per share in the last trading session, not far from the 52-week high mark of $48.59. Stable cash flows from long-term contracts and handsome dividend payments are probably aiding the stock price rally.In fact, over the pa ...