RE:RE:RE:From Today's Globe and MailI, as well have a healthy gain in PPL since I bought it. However, my suspicion is that PPL may have reached its peak for them time being. #1).. WTI, today, hit $117--- up over $2 --- while PPL traded in the red. In fact, it was one of the very few energy stocks that was red today. #2) firms have a target price a bit higher than $51. We're not far from that. #3) I don't see much catalyst propelling this higher right now. With all that being said. For me and me only. I think its time to unload a good amount shares and move into growth oriented stocks. I'll still keep a little bit just for the dividend. But not as much. Time to reallocate some.
Albatross wrote: I think we might be in for a period of optimize and maintain. If you're happy with holding for a decent stable monthly dividend keep it. If your looking for growth then maybe look elsewhere. Their project pipeline got hammered with the pp plant mothball and lng plant being denied permits. I've been selling a bit of my ppl here and there. Buying up BIP because I like their strategy although it is riskier. Don't get me wrong I like ppl and they have been financially prudent. And Alberta oil and gas producers may start producing more in the near future so their is some growth to be had there.