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Northland Power Inc. (NPI)
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Boralex Inc. Class A Shares (BLX)
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Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Hi there,
I’ve noticed that some of the Renewable stocks have been firming up and/or improving lately.
Do you see any hope for growth in the near term horizon or should one invest in these mostly for income?
Thank you!
I’ve noticed that some of the Renewable stocks have been firming up and/or improving lately.
Do you see any hope for growth in the near term horizon or should one invest in these mostly for income?
Thank you!
5i Research Answer:
The sector has been moving a lot on sentiment rather than fundamentals. But with interest rates set to decline (already are in Canada) we think the group should start to perform better. Still, we would invest for income and take capital gains as a bonus.