RE:Analyst RecommendationChris Blumas was on Market Call today talking about AQN as one of his past picks. He had positive feedback with respect to growth in the coming years, but says the company is getting unfairly lumped in with other utilities on the sector downtrend from fears of (potential) rising interest rates.
Most of their 5 year capital expenditure is front loaded in the next year or so anyway.
I'm with David Rosenberg who says that we may see a jump in yields over the next little while, but the long term trend is DOWN. The world has too much debt to let rates run wild. Ain't gonna happen!