Q: Good Morning,
Of the two stocks listed above, which do you see having the best total return in the next 3-5 year, and a brief explanation of your reasoning.
Thank you,
Of the two stocks listed above, which do you see having the best total return in the next 3-5 year, and a brief explanation of your reasoning.
Thank you,
5i Research Answer:
We like both names, both companies are well-managed in their respective industries with decent track record of value creation. But this is not AN apple-to-apple comparison. Due to TIH’s resilient business, TIH’s share price has been quite stable, AND we think TIH will continue to do well from here but may not see huge returns.
On the other hand, BEP.UN has been under tremendous pressure, and has started to recover recently along with a more favourable macro backdrop. Overall, we think BEP.UN likely has more room to recover from here.