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NASDAQ:TERP
Alternative energy production. There is a long term positive secular trend in this industry. This was recapitalized by Brookfield about a year ago, who are more likely to buy more of this company than to sell their holding. They intend to grow the dividend by 5 – 8 % a year. It is a good defensive pick. (Analysts’ target: $13.33).
Basically a green utility. It started out as more of a solar company and is going to 50/50 solar/wind. It has geothermal and hydroelectric. There is lots of growth. They bought part of Atlantic Power (ATP-T) and some wind farms in the West. They can tuck in a lot of acquisitions, and he thinks the dividend growth is going to be significant. A dividend play with growth. 3.3% dividend yield.
TerraForm Power is a American stock, trading under the symbol TERP (previously TERP-Q on Stockchase) on the NASDAQ (TERP). It is usually referred to as NASDAQ:TERP or TERP
In the last year, no analyst issued a Buy, Sell, or Hold rating on TERP (previously TERP-Q on Stockchase) on Stockchase. Read the latest expert commentary for TerraForm Power.
TerraForm Power was recommended as a Top Pick by Rick Stuchberry on 2015-07-13. Read the latest stock experts ratings for TerraForm Power.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for TerraForm Power.
TerraForm Power is covered by Stockchase experts and is worth watching.
On 2020-07-30, TerraForm Power (TERP) stock closed at a price of $19.82.