-
Algonquin Power & Utilities Corp. (AQN $8.39)
-
Northland Power Inc. (NPI $17.02)
-
Superior Plus Corp. (SPB $7.12)
Q: I am thinking of selling AQN and SPB and investing the proceeds to NPI .
I feel that NPI presents a better road to recovery. Your comments please.
I feel that NPI presents a better road to recovery. Your comments please.
5i Research Answer:
NPI has struggled a bit this year, but overall we would see it today as a better investment than the other two noted. At 15X earnings and a 6.47% dividend, with good earnings growth expected next year if it can execute the stock should respond accordingly. Lower interest rates should also help here.