Q: This week was the stock was weak. What is your analysis about the company? Its a good holding for income but it is not doing well price wise when compared to CPX:T.
Thanks
Piyush
Thanks
Piyush
5i Research Answer:
This year, BEP.UN is up 9% and CPX is down 11%. BEP fell last week but has been a solid longer term performer. Revenue and cash flow growth look solid, with new datacentre contracts providing long term growth potential. BEP has a solid record of dividend hikes and we continue to like it quite a lot for the sector.