Brookfield Renewable Partners (BEP.UN.TO)

One of the first utility companies to benefit from the AI boom. Huge deal with GOOG last year, and that trend should continue.

A good name to tap into powering the grid, electrification, and so on. Contracted cashflows, able to recycle capital into new projects in a world that's looking for more wattage.

His choice in the renewables space. Fairly good tailwinds behind it.

Longer-term chart shows it in a trading range, falling by half over the last 5 years. Recent chart shows it doing reasonably well. Has done better than a lot of other renewable-based companies. If you like renewables and believe they are the future, this name would probably be a better play than most. 

It's time will come, though that may take 1-2 years to get going. Second half of this decade will likely be better than the first half; it could scarcely be worse. There is demand.

There's a lot of demand for all energy. Renewable energy plays a role in that as well, so he's more positively predisposed to the space now. Data centres have been one of the big catalysts for electricity generation. 

Likes this name a lot. An income vehicle, so growth is more sluggish. Less apt to react to headline news. Well run business, global platform. Generates massive cashflow, which is allocated very well. Trades a bit north of 12x cashflow. He'd keep adding on dips.

Nice recovery this year. Big contracts with hyperscalers. Things look pretty good. Likes nuclear side of the business with Westinghouse. A good fit in a TFSA or RRSP. Yield is ~5%.

With the stock up more than 30% this year, it is hard for us to blame the company for doing a capital raise. It has big growth plans still. The $650M deal is relatively small against the market cap of almost $20B. It has been making investments in the grid, wind and solar. BN is subscribing for $200M so the parent company is in full support here. We would be fine buying the stock at current levels.
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Whole sector underperformed for a while, but now seeing renewed interest because of demand for electricity. Chart's technical profile is quite good. Broke out, surpassing highs of 2023. 

Whole sector's been decent and looking quite interesting, more room to run than other spaces that have already moved. Chart shows nice trend. Energy is very topical relative to AI. Decent hold over the next year.

Happy to hold. Just announced big investment in Colombian hydro assets. Exciting part is agreements with hyperscalers for power to data centres. Increasing power demand is a secular theme.

BN to hold the entire Brookfield family, and BM is at a discount than it has been for a while. BEP trades at a premium among renewables, which have been under pressure from Trump cancelling wind and other green projects. Also, Northland Power is far better than BEP, given NPI's better valuation and growth potential.

Renewables are now the cheapest way to generate electricity. Data centres are the biggest thing going. Need for electricity is enormous and increasing. He'd own BN instead.

Major deals with tech companies for power requirements for data centres. Long-life hydro assets. Maintenance for nuclear reactors. Came off on US tax credit issues, but they have great global flexibility. Over 5% yield.

The chart for AQN tells the story for the sector.

Seeing signs of improvement. Both AQN and NPI have moved above 200-day (40-week) moving average, a positive. Especially so because a lot more quant funds are moving $$ in the markets, and one of the triggers they look at is whether or not it's above that technical level. It it's above, they can buy it; if not, either they can't buy it or they short it. Likes the regulated utilities -- FTS, H, EMA, CU, CPX.

If he were less cautious, he'd be more bullish. Not a big fan. More of a value play. Technically, they've been laggards. Better places to put your $$.