Q: Dear 5i team.
Debating which utilities are still good value, now that there has been a bit of a bounce over the past few months.
I'm considering cpx vs npi, but happy to hear if you think other names have more in the tank as these two seemed to have recovered in lock step.
Many thanks for your help.
Debating which utilities are still good value, now that there has been a bit of a bounce over the past few months.
I'm considering cpx vs npi, but happy to hear if you think other names have more in the tank as these two seemed to have recovered in lock step.
Many thanks for your help.
5i Research Answer:
We would still prefer BEPC/BEP.UN over CPX/NPI but thing the latter two are still fine if an investor is looking for sector exposure. BLX is a higher-growth, more risky option but interesting. AI-demand has changed sentiment in the sector. We are not so sure how sustainable this will be, but it should last long enough until interest rates tick lower, certainly.