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  5. PPL: I know you like pipes, including ppl. [Pembina Pipeline Corporation]

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Q: I know you like pipes, including ppl. My question is why has ppl underperformed since the highs above $60 in Oct, Nov of 2024.
I am ready to buy ppl, but am looking at the entry point. It is still retrenching, so wondering if there is any reason. Is there reason to believe it has based, in which case I would enter, and hold for quite some time, for div and capital appreciation. Thanks
Asked by Phil on February 24, 2025
5i Research Answer:
In mid-December, PPL provided a business outlook, which we think was decent, but did result in a...
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