TSX:NPI - Post Discussion
Post by
retiredcf on Apr 07, 2023 7:10am
Panic-Proof Portfolio
TOP PICK
Northland Power Inc(NPI-T)
06/04/2023
Stockchase Research Editor: Michael O'Reilly
NPI is an independent Canadian based producer of renewable and natural gas produced power with a diversified geographic portfolio which expands beyond North America into Europe, Asia and Latin America. It trades at 10x earnings and 2x book value, while supporting a 24% ROE. Cash reserves are growing thanks to more shares being issued, but it has also aggressively been retiring debt. We recommend setting a stop-loss at $30, looking to achieve $45 -- upside potential of 30%. Yield 3.5%
(Analysts’ price target is $45.13)
Utilities
The Panic-Proof Portfolio (Stockchase Research)
$34.210
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