Will 2018 Be TransCanada Corporation's Best Year Yet?

Overall, 2017 has been a solid year for TransCanada (NYSE: TRP). Through the third quarter, the Canadian pipeline giant's earnings have risen 15%, while cash flow is up 12%. This puts the company on pace to set records this year. That growth pushed the stock up about 7% through mid-December, and it's now within striking distance of its all-time high.

That said, there's ample fuel left for TransCanada to continue growing next year. In fact, the company has already told investors to expect 10% earnings growth, as well as a dividend increase by that same rate. Those factors suggest that 2018 could be the company's best year yet.

Image source: Getty Images.

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Source: Fool.com