Today, The Panic-Proof Portfolio (Stockchase Research) and Stephen Takacsy, B. Eng, MBA commented about whether SIA-T, BB-T, MDF-T, PIF-T, WELL-T, PLC-T, AC-T, CJR.B-T, CPX-T, BYL-T, FOOD-T, DWS-X, NPI-T, BYD-T, SWP-T, BAM.A-T, IPL-T, PBL-T, L-T, DOL-T, NTR-T, WMT-N, NOC-N, UPS-N are stocks to buy or sell.
Complicated to value, but it's a diversified cash machine. Pays a modest dividend. Prefers BIP and Brookfield Renewable which pays more. You're better on the asset appreciation, not the dividend.
He's overexposed in Boralex, Innergex and AQN, so he doesn't own this one, but he would buy this. A good company. NPI has more overseas and offshore wind operations than its peers. Offshore wind energy is riskier given saltwater erosion. NPI's dividend should rise over time. Money is moving into renewable energy as a whole. All are expensive now, but as institutional money continues to flow in, this will become even more expensive. A great sector.
(A Top Pick Sep 10/19, Down 30%) He owns 10% of the company and recently added more on weakness. The stock has been down due to lower restaurant and bar sales, but retail and online sales are booming. He doesn't expect sales to be down that much this year. Cost cutting has widened margins. Lassonde bought 20% of the company last year, which has boosted DWS' sales force. He expects Lassonde to take over the rest of the company at some point, which should boost the stock price. He's in for the long run. Also owns Andrew Peller.