RE:RE:Back inDepending on if we get a market correction in Sept-Oct we will probably test $20.00 again. Stocks like INE always ride higher after upgrades. This is a great long term hold but you have to be patient and hope they execute their plan and even add some on weakness.
Hydro Quebec as 19.9% owner is the key here for stability. The market gives them a lower yield based on strong fundamentals in the business and the HQ ownership.
This is a small part of my portfolio and if it gets into the 18's I will add some more.
So far 2021 has not been kind to Innergex. 2022 may be a turning point if the numbers come in strong and the payout ratio gets back to decent levels.