TC Energy (TRP) – Among the Best Infrastructure Stocks to Buy Now

TC Energy Corporation (NYSE:TRP) is included among the 14 Best Infrastructure Stocks to Buy Now.

TC Energy (TRP) - Among the Best Infrastructure Stocks to Buy Now

TC Energy Corporation (NYSE:TRP) is one of North America’s leading energy infrastructure companies with operations in the natural gas and power industries.

On April 1, Morgan Stanley raised its price target on TC Energy Corporation (NYSE:TRP) from C$93 to C$101, while maintaining an ‘Overweight’ rating on the shares. The bumped target indicates an upside of more than 19% from the current price levels.

In Morgan Stanley’s weekly update on midstream and renewable energy infrastructure, the firm highlighted that the midstream sector has received increased attention compared to the higher torque energy subsectors since the onset of the Middle East conflict. However, the analyst warned that investors have now ‘started to sharpen their pencils on potential estimate revisions’ in the midstream space.

TC Energy Corporation (NYSE:TRP) is targeting a comparable EBITDA in the range of $11.6 billion to $11.8 billion for FY 2026, representing a growth of over 6% YoY at the midpoint. The company also expects its comparable EPS for the year to be higher than 2025 levels. Meanwhile, TC Energy’s CapEx for 2026 is projected to be between $6 billion and $6.5 billion, prior to adjustments for non-controlling interests.

While we acknowledge the risk and potential of TRP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TRP and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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