RE:Analyst CommentThis is why I continue to hold GRN, despite this short term volatility. Having said that, I'm not backing up the truck just yet. GRN is still overvalued by historical standards for this type of stock, and there could be continued weakness in the short term while it grows into its valuation.
This also assumes management starts closing some deals, including some related to the BOO model they signed with SWEN Capital back in the summer of 2020. It's been a little too quiet on the new business front for my liking.
retiredcf wrote: Yes he's addressing AQN but his comments also relate to the potential for renewable energy. GLTA
https://www.bnnbloomberg.ca/video/darren-sissons-discusses-algonquin-power-utilities-corp~2152481
BUY ON WEAKNESS
Algonquin Power & Utilities Corp
(AQN-T)
March 3, 2021
The catalyst for the sector is whether or not the Biden administration will be supportive of green energy. The Trudeau government already is. There's more upside to this stock. With sector rotation out of tech, you want to look for an entry point. We're going to see higher growth opportunities for renewables, so you want exposure.
Darren Sissons
Price
$19.740
Owned
Yes