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Fortis Inc. (FTS $69.80)
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Emera Incorporated (EMA $65.66)
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Brookfield Infrastructure Partners L.P. (BIP.UN $42.08)
Q: Confused by the reaction of these 3 names. EMA/FTS up materially and BIP.UN down so far this year. Thoughts on why? Also on EMA with a 29% return YTD the stock must be stretched. Would you suggest a switch to BIP.UN?
5i Research Answer:
The electric utility companies seem to be getting an 'AI-demand' premium which does not seem to...