Bullboard - Stock Discussion Forum Northland Power Inc T.NPI.PR.B

Primary Symbol: T.NPI Alternate Symbol(s): NPIFF | T.NPI.PR.A | NPICF

Utilities Utilities - Independent Power Producers

Northland Power Inc. is a Canada-based global power producer focused on helping the clean energy transition by producing electricity from clean renewable resources. The Company owns and manages a diversified generation mix, including onshore renewables, natural gas energy, as well as supplying energy through a regulated utility. Its facilities produce electricity from clean-burning natural gas... see more

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TSX:NPI - Post Discussion

Northland Power Inc > Panic-Proof Portfolio

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Post by retiredcf on Mar 01, 2023 7:48am

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

Unknown

136

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Comment by BayWall on Mar 01, 2023 8:41am

Tight stop at $31. Right about now, watch for large blocktrades. Sometimes these signal a reversal is close-by. The stock is still below its 200 week moving average, but not by much, so that could still be in play.

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