Sector move welcomeIt's encouraging Northland and the others are moving up as a sector, no matter the specific company details. I would not be surprised that new 52 week highs will be surpassed this year.
Raising awareness of climate change was the first driver in 2019-2020. but it soon waned. A pullback occurred.
Now energy security is in the spotlight. It gives mutual funds a new angle promote the sector. It's the money managers who call the tune and recommend stocks like Northland. Even though many windfarm projects are still years away from generating revenue.
Northland's hydrogen/storage strategy will help the stock price, simply by virtue of entering into the market. Talk and intentions are one thing. News release is quite another.