Boralex Inc. (BLX.TO)

Very good, high quality business. Renewable power. This is where you want to be invested in the renewable space. However, the stocks may have a bit of trouble over the next several months. Consider putting Puts on to protect your downside.

(A Top Pick June 27/16. Up 0.95%.) An independent power producer. Recently reported and earnings were mildly disappointing. Dependent on Hydro and wind turbines, so it does get impacted quarter by quarter because of weather. There is nothing to be concerned about on this. Still a Buy.

(A Top Pick July 28/15. Up 48.84%.) He was playing defence on these 3 stocks picks, just looking for a way not to get creamed. This has now become a hot stock, so he is no longer in it. Dividend yield of about 3%.

He loves the renewable space. As long as the sun shines and the water flows and the wind keeps blowing, these companies can generate cash flow. Cheap financing is allowing them to make a good margin.

An independent power producer based in Québec. Have increased their capacity significantly over the last number of years and are continuing to grow. They have some very aggressive targets for capacity and cash flow. Going from reinvesting all their capital into growth projects, to returning some of it to investors through a dividend, and there is lots of room for that dividend to grow. They have a number of projects that they still want to develop. Trading at a significant discount to their peer group. Dividend yield of 2.99%.

(A Top Pick July 28/15. Up 25.83%.) These picks were based on survivability, not a growth. Sold his holdings.

(Market Call Minute.) An alternative energy generator. A good solid long-term business. This would be a Buy if it were down 20%.

(A Top Pick March 4/15. Up 25.79%.) One of those companies that is methodical about building out wind. It is basically wind in Québec and France and are executing incredibly well. He switched to something else a few months ago, but it is a great company.

940 Megawatts of power in three countries. 3.5% yield and a reasonable payout. Earnings estimates were cranked up by 14% in the last 90 days.

Has always liked the renewable energy space, but this was the cheapest with the highest growth. What is holding the stock back right now is that there is a huge convertible debenture issue that is in the money, so there is a lot of arbitraging going on that is sort of capping it at these levels. Once that either gets repurchased or converted this fall, you could see the stock really blast off. Anything in the $13 area is a great Buy.

Has great long-term contracts and a very steady cash flow. They seem to be incrementally adding 2%-4% value per year. He feels he can double his money every 10 years. Yield of 3.84%.

Essentially wind electricity in France and Québec. Has great long-term contracts and is incrementally adding to its business. Yield of about 4%.

(Top Pick Aug 30/13, Up 28%) He took some money off the table. You should see management executing some acquisitions to increase the size of the company.

(A Top Pick Aug 30/13. Up 31.52%.) Had thought the company would initiate a dividend, which they did. This is a good renewable power portfolio. At this point, they are going to have to rely on acquisitions to fund additional dividend and cash flow growth, but still a pretty decent valuation.

(Top Pick May 16/13, Up 12.80%) Bought because it paid no dividend and traded at a big discount, but that they could pay one if they wanted to. They finished a wind project and then started paying a dividend. Thinks they can grow the dividend significantly over the next few years. Will tread water over the next few months because of a convertible debenture maturing this fall. It presents a great buying opportunity. 4% yield.