Bullboard - Stock Discussion Forum Innergex Renewable Energy Inc T.INE

Alternate Symbol(s): INGXF | T.INE.PR.A | T.INE.PR.C | T.INE.DB.B | T.INE.DB.C

Utilities Utilities - Independent Power Producers

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It conducts operations in Canada, the United States, France and... see more

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TSX:INE - Post Discussion

Innergex Renewable Energy Inc > Today's rally

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Post by Vega1357 on Jan 31, 2022 4:19pm

Today's rally

There was a sharp rally like this last October and what happened after that? INE (and the other renewable energy stocks) resumed their downtrend. It wouldn't surprise me if that happened again as I don't think the inflation/interest rate outlook has improved sufficiently in order to justify today's rally. Time will tell. In the meanwhile, you will find me on the sidelines.

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