3 Canadian Stocks I'll Probably Own Forever
A high-potential green energy stock
Finally, in addition to renewable energy generators, investors should consider a Canadian green energy stock like Xebec Adsorption Inc (TSX:XBC) .
Xebec is a rapid growth stock that might just be the highest potential stock on this list. The company builds equipment for industrial clients that helps manage carbon emissions. This equipment helps create renewable energy by trapping naturally occurring raw gasses and transforming them into renewable natural gas or hydrogen.
If this sounds familiar, it’s because it’s exactly the type of company Northland has been looking at acquiring. These industrial equipment companies have a tonne of long-term potential as the whole world works to reduce carbon emissions.
So on top of the incredible growth potential Xebec already has, another catalyst for share price growth is the fact that it’s becoming a major takeover target.
Bottom line
Renewable energy is presenting investors with a unique decades-long opportunity for significant growth. So with all the potential to continue to grow their operations, these are three Canadian stocks that I’ll probably own forever.
https://www.oilandgas360.com/3-canadian-stocks-ill-probably-own-forever/