The Globe and Mail reports in its Saturday, Feb. 10, edition that after the hammering that clean-energy stocks have taken, they are no longer anyone's darlings, which bodes well for their future. The Globe's Ian McGugan writes that it is worth looking for bargains among yesterday's hot stocks. Canada's own Northland Power, a clean-energy producer, is much cheaper than it was and is starting to look attractive, especially if interest rates decline over the year ahead. The Globe reported on Dec. 8 that RBC rated Northland Power "outperform." It was then worth $22.66. The Globe reported on Jan. 10 that National Bank Financial analyst Rupert Merer had named Northland Power a top pick for 2024. In the item, Mr. Merer reiterated his "outperform" recommendation for Northland Power, which was then trading at $24.89. The Globe reported on Jan. 31 that RBC Dominion Securities analysts rated Northland Power "outperform." The shares could then be had for $24.80.
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