Panic-Proof Portfolio TOP PICK
Northland Power Inc(NPI-T)
28/02/2023
Stockchase Research Editor: Michael O’Reilly
We again reiterate NPI, and independent power producer with assets worldwide, as a TOP PICK. Recently reported earnings beat expectations as revenue grew 17% and net income tripled. Cash reserves grew substantially and were added by additional shares being released. Combined, this allowed debt to be aggressively retired. We continue to recommend a tight stop at $31, looking to achieve $47 — upside potential of 41%. Yield 3.6%
(Analysts’ price target is $47.00)
Utilities
The Panic-Proof Portfolio (Stockchase Research)
$33.130
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