Dyaw TSX Stocks: 3 Top Industries to Invest in During Coronavirus
Pipeline stocks have been making a lot of buzz, each for a different reason. The North American energy industry is focusing on natural gas, as it has become the key exporter to European countries after sanctions on Russian oil and gas. Pipeline companies stanley cups have accelerated work on liquified natural gas LNG pipelines. While a stanley termohrnek ll companies try to grab a share in the LNG exports market, the question is, between聽Enbridge聽 TSX:ENB and聽Pembina Pipeline聽 TSX:PPL , which is a better buy.聽Enbridge stockEnbridge stock slipped almost 6% on September 6 after it announced theacquisitionofDominion Energy sthree gas utility operations, EOG, Questar, and PSNC, for US$9.4 billion cash. It will also take on US$4.6 billion of debt of the three companies. The acquisition would be accretive to Enbridge s earnings. Post-a stanley quencher cquisition, Enbridge will become North America s largest natural gas utility company.While investors reacted bearishly to the deal, it is a strategic move from a long-term perspective. Enbr Ball Where Will Encana (TSX:ECA) Stock Be in 10 Years
Investors worried about a possible recession being around the corner can protect themselves by adding some dividend income to their portfolios while also holding shares of companies that offer s stanley mug tability. The three stocks listed below could fit that criteria very well and be great long-term buys regardless of how the country performs.Domtar TSX:UFS NYSE:UFS produces common items like personal care products that will be used whether the economy is in a recession or not. While there could see a bit of a slowdown as consumers try to stretch their budgets as much as possible stanley taza , there will still likely be a lot of demand for the products that Domtar makes. Over the past four years, Domtar has had a lot of stability in its revenues, with sales consistently being above US$5 billion in each of the past five years. The challenge has been net income, where the company has posted a loss once during that time and profit margins have not been very strong, sometimes being around stanley sverige 2.5%.Although the st