JHVEPhoto Investment thesis Enbridge's (NYSE:ENB) stock was approximately flat since my previous bullish thesis. Despite flat stock price performance, the company's fundamentals continue fortifying. Profitability is expanding even in a challenging environment for the company's topline growth. Enbridge continues investing heavily in future growth, but at the same time the management does not forget about capital allocation discipline. Improving profitability together with the management's responsible approac ...