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3 Solid Infrastructure StocksOptimism and banks lift markets to new highsBanks lift TSX to record highsThis summary was created by AI, based on 4 opinions in the last 12 months.
Experts are cautious about the renewable energy trade due to expectations of higher rates next year. However, they also see potential upside for a trade, especially with the stock hitting the lower trendline and showing signs of a possible upside move. The company is identified as a growing producer in green electricity in Latin America, with potential for 70% upside and a strong dividend yield. The stock is seen as undervalued and a good investment opportunity.
He can't speak to fundamentals, but the chart is hitting the lower trendline. It's compressing into the right corner like a triangle, which is when you tend to get an upside move. Risk/reward is really good right now, even though it's down 9% in a really good market.
A growing producer in green electricity in Latin America. They do geothermal, river and solar energy. The green sector has been under pressure the past year, but these shares are super cheap. Pays a 6.65% dividend and trades at 13X PE. There's 70% upside. Great management, reinvesting their cash flow into a nice pipeline with occasional M&A.
(Analysts’ price target is $20.90)Now called Polaris Renewable Energy. Pays a 6.4% dividend and trades at a 15x PE, a discount to peers.
(Analysts’ price target is $25.50)Polaris Infrastructure is a Canadian stock, trading under the symbol PIF-T on the Toronto Stock Exchange (PIF-CT). It is usually referred to as TSX:PIF or PIF-T
In the last year, 1 stock analyst published opinions about PIF-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Polaris Infrastructure.
Polaris Infrastructure was recommended as a Top Pick by on . Read the latest stock experts ratings for Polaris Infrastructure.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Polaris Infrastructure In the last year. It is a trending stock that is worth watching.
On 2024-12-11, Polaris Infrastructure (PIF-T) stock closed at a price of $13.22.
This is how he'd play the renewable energy trade. Thinks rates will go higher next year, which makes him cautious. If that's the case for rates, a lot of the bond proxies like utilities and REITs are going to come under pressure. A bit more upside potential, but for a trade.