Q: Hi, I would appreciate your current view and level of conviction on this company. Based on numerous comments, it's been a 5i favorite for quite some time, although, stock pulled back from its highs, during the month of April. Stock price seems to stabilize a bit for past week or so. Utilities ( Power producers, specifically) also seem to be slowing finding some favour, possibly due to expectation of incredibly large demand for electricity/power from Data centres, over next 10 years or longer.
Would you consider this co. to be a good fit to have an exposure to this area and if so, whether the recent concerns have been mitigated and what price levels would you suggest to start a position.
Thank You
Would you consider this co. to be a good fit to have an exposure to this area and if so, whether the recent concerns have been mitigated and what price levels would you suggest to start a position.
Thank You