Chart of the Day - TransCananda Pipelines (TRP)

The "Chart of the Day" is TransCananda Pipelines (TRP), which showed up on Monday's Barchart "All-Time High" list. Transcananda Pipelines on Monday posted a new all-time high of $46.49 and closed +0.74%. TrendSpotter has been long since July 16 at $42.70. In recent news on the stock, TransCanada on July 27 said that over the next three years it expects to complete $13 billion of projects that are currently in the advanced stages of development. TransCananda Pipelines, with a market cap of $32 billion, is a North American energy company that is focused on natural gas transmission and power services. Their pipeline transports the majority of Western Canada's natural gas production to growing markets in Canada and the United States.