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  5. NPI: Price action and chart are very "disturbing". [Northland Power Inc.]
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Q: Price action and chart are very "disturbing". Long time holder wondering if it's time to move on?
Asked by Ronald on August 14, 2023
5i Research Answer:

The overall industry has been hit hard, and we think most of the 'bubble'-ness is out. NPI has a strong advantage in the wind segment and we think the growth prospects look solid. A combination of long-dated assets and rising interest rates have not been very polite to the renewable industry. However, this is more industry related than company driven. If patience is running out, we would be okay switching out, but fundamentally we think NPI is OK.