NYSE:BEP - Post Discussion
Post by
retiredcf on Jun 18, 2023 2:32pm
Another View
Answered prior rior to Friday's additional 2.5% decline. GLTA
It has been 3 years since BEP share prices have done anything positive. Do you still have a favourable view? What are the catalysts that might see some positive movement?
BEP.UN is up about 14% since June 2020, not including distributions and not including the spin off of BEPC. Not spectacular performance, but still something. It did get hit by the rise in interest rates, and cash flow is forecast to grow nicely over the next two years. The Duke acquisition should provide more growth. The stock is up 16% YTD and ahead of the general Canadian market and 'should' perform better as interest rates peak. We are still positive on it. (5iResearch)
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