GREY:XEBEQ - Post by User
Post by
alsoranaroundon Jan 18, 2021 9:07pm
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Post# 32323493
KXL and XBC
KXL and XBCIt's a bit of a stretch to compare TransCanada's Keystone XL and Xebec but here's my argument: anyone that is outraged that Biden would pull Keystone's permit is missing the big picture.
The big picture is simply that the world needs to de-carbonize and energy infrasture is going to slowly transition away from fossil fuels and into renewables. So you can complain about pipelines or you could recognize that there's actually a massive, long-term opportunity to invest in renewables.
The following interview aligns with this view:
https://www.bnnbloomberg.ca/video/clean-energy-has-a-four-year-growth-runway-scotia-s-andrew-pyle~2120856
"(Clean Energy) is a long-term trend that investors need to look at."
Interesting commentary on the valuation of clean-energy stocks, and how they have become 'momentum' stocks. The argument, and part of the reason why Xebec has been doing so well, is simply that there aren't many Canadian clean-energy stocks to invest in.
Governments around the world will be investing heavily in their economies to recover from Covid, Xebec and renewable energy will be big benefitiaries.