Investment Q&A

Q: With utilities, I believe 5i likes BEP best for management and outlook for the future, but based on current price, which of the above 5 energy stocks represents the best value? For my own learning, I would appreciate knowing what main metrics you are using to determine value?
Thanks!!

Q: Do you have a preference between these stocks for a long term investment? Would you recommend purchasing an etf instead of a few stocks for exposure to the renewable energy sector?

Q: These two companies have been recently dropping in price. Would this be a time to buy or should we wait for these two to bottom?

Q: Hi Gang
Can you give me your top five small cap Canadian renewables at this time?
And in your opinion will they have more growth since Joe Biden was elected?
Thanks MB

Q: Do you see INE continuing to to outperform, as a hold or is it time to take profits? The payout ratio is a bit concerning. Thanks

Q: Hi you made the following ‘generation vs distribution’ comment wrt AQN to Peter on Dec 2. Could you please expand on this a bit further as I mistakenly thought AQN was primarily generation. Could you similarly comment on NPI and INE re generation vs distribution. Thanks.

“The majority of its (AQN’s) business is distribution and has less exposure to generation already.”

Q: Trying to reduce the number of stocks I hold. Currently I am broadly diversified across sectors and large cap/small cap, growth/dividend payers, so those are not concerns. I look at total return, and have a long term horizon, 5+ years. Comfortable with risky stocks. I have smallish positions in these 12 stocks and would like to sell maybe 6 to 8 of them, and redeploy the money into a few of the others on the list or into some of my other holdings. Would you select 6 - 8 of the above that you think are less likely to perform well over 5+ years, and could be sold, and maybe 2 - 4 that could be added to. Thank you.

Q: Hi Guys, these 4 companies popped up on the 52 week high list this morning, how would you rate these going out 12-24 months. Thanks again for your excellent service.

Anthony

Q: Thanks for your response on the renewable power /clean energy participants; it prompted a closer examination of earnings expectations and current rating for each. With certain exceptions it seems to me that i) rerating and price enhancement took place mostly in 2019, ii) that for the most part valuations are now generous and iii) that the participants are primarily utilities such that, absent special situations, sustainable earnings growth will be modest when compared to growing industrials and others with which we have become accustomed. The discount issue then hinges on valuation methodology; their pe/peg ratios are excessive unless the conventions applying to utilities are very different from generally accepted norms, and I am not familiar with accepted cash flow ratios for the sector if these are appropriate and used. What is the generally accepted pricing criteria for these names and customary ratio ranges. Thank you again.

Q: It looks as though renewable power is becoming politically accepted, with the above as assumed potential sector participants. What is the anticipated growth rate for each and to what extent have each potentially already discounted the coming year's anticipated growth in value. I Look forward to your response.

Q: Would you please mention other renewable energy corp. in US and Canada. Thanks for your incredible service. Jim

Q: Hi, I believe you favour BEP and AQN in the renewable space but how would you rank NPI, INE, and CPX in terms of size, safety and growth and also relative safety of the dividend? Thanks.

Q: Interested in renewable energy. What do you think about this company as a purchase or do you have a couple of other companies that would fit the renewable space.
Thanks for all you do, much appreciated.

Q: For growth, which would you buy, or both?

Q: hi guys i am anew member and i really am happy that i belong to 5i would you recommend these stocks or is there something better thank you

Q: Hi. I have the above stocks in my TFSA and have some cash to deploy. Could you please give me 3 suggestions and rank them. Thanks.

Q: I have no positions in renewable energy, my watchlist includes the 3 companies in question. Could you rate these 3, add a 4th if you you know of a stronger candidate in terms of balance sheet strength and growth prospects. I’m a long term, buy and hold investor.

Q: Would you have any recommendations for convertible debentures? I would only consider companies with solid balance sheets.

Thank you

Q: Hi, INE has strongly outperformed pretty much all utilities including other renewables such as NPI, CPX, BEP and even AQN over the past 20, 50 and 100 days. Any plausible reason for this? Would Hydro Quebec’s investment mean that much? Would they stand behind INE in the event of significant pressure on INE should it occur? Thanks.

Q: Hi, if we are in a lower for longer or forever energy pricing environment what might be the impact on the above companies? Also, do you think their dividends could conceivably be in jeopardy? Thanks.