The Profits from Hidden Value

Learn everything you need to know in 7 Pro Secrets to Value Investing for a FREE special report for you.

Canadian Value Stocks: How to Spot Undervalued Stocks PLUS! Our Top 4 Value Stocks

 I consent to receiving information from The Successful Investor via email. I understand I can unsubscribe from these updates at any time.

Comments

  • Leonard 

    I’d be interested to see further analysis of this company. It appears to be swimming in debt compared to other utilities, increasingly negative free cash flow, high P/E, high P/B, high debt to equity, and already up substantially since it’s March 2020 low. I would love to add more green stocks, but this one sounds risky at this point in time. What am I missing? Can they grow their way out of this in the near to medium term? I want to “green” my portfolio over time with stocks like this — green companies I sincerely wish to succeed, but only when the price is right and they make an attractive investment. I’m willing to be convinced otherwise, but I still don’t see that INE fits the bill yet.

    • TSI Research 

      Thanks for your feedback, Leonard. We continue to like Innergex as a buy given its diverse mix of hydroelectric, wind and solar power. That diversity, along with plenty of long-term contracts, provides stable cash flows for distributions. That also lets this utility firm continue to build up its operations.

Tell Us What YOU Think

You must be logged in to post a comment.

Please be respectful with your comments and help us keep this an area that everyone can enjoy. If you believe a comment is abusive or otherwise violates our Terms of Use, please click here to report it to the administrator.