Short-term there'll be a modest pullback in all utilities. Don't worry about this. Instead, add more. Interest rates won't move back up quickly, perhaps not soon, and the rates directly affect utilities. If he didn't own other utilities already, he'd buy this. The space grows its dividend consistently. Utilities are good to own for the long term.
Short-term there'll be a modest pullback in all utilities. Don't worry about this. Instead, add more. Interest rates won't move back up quickly, perhaps not soon, and the rates directly affect utilities. If he didn't own other utilities already, he'd buy this. The space grows its dividend consistently. Utilities are good to own for the long term.
It's a dividend play, so it trades on its yield, directly influenced by interest rate moves. Brookfield stocks are steady-eddys and they make few mistakes. BEP will benefit from lower interest rates. However, the parent stock, BAM, is the best Brookfield stock.
He loves this company. It is one of his top Canadian companies in this space. They made strategic plays because they have the Brookfield backing. They recently made a deal with TA-T, who know they have to shift away from coal. Brookfield did a clever deal involving a right to hydro assets when contracts are up for renewal. They are going to see benefits for years to come.
He loves this company. It is one of his top Canadian companies in this space. They made strategic plays because they have the Brookfield backing. They recently made a deal with TA-T, who know they have to shift away from coal. Brookfield did a clever deal involving a right to hydro assets when contracts are up for renewal. They are going to see benefits for years to come.
