-
Brookfield Renewable Partners L.P. (BEP.UN)
-
Alimentation Couche-Tard Inc. (ATD)
-
Brookfield Corporation Class A Limited Voting Shares (BN)
Q: For a conservative investor and a long-term hold in a TFSA:
a) which has more room to run from current valuations in your opinion, ATD or BEP.
b) If you didn’t need the cash dividends right now, would you invest in BN over BEP.UN to maximise return and mitigate downside risk?
Thanks kindly!
a) which has more room to run from current valuations in your opinion, ATD or BEP.
b) If you didn’t need the cash dividends right now, would you invest in BN over BEP.UN to maximise return and mitigate downside risk?
Thanks kindly!
5i Research Answer:
a) From current levels, BEP probably has more room to run, as rates decline. b) Yes, we think BN has far more growth potential. It may be more volatile. BEP as a utility has stable cash flow. But BN should be able to outperform.