Wishpond is a Top Pick for 2023

It’s been a tough two-plus years for fans of Canadian renewable energy name Innergex (Innergex Renewable Energy Stock Quote, Charts, News, Analysts, Financials TSX:INE), with the stock now down by more than half since hitting highs in early 2021. But there are lots of reasons to be owning Innergex at these levels, according to iA Capital Markets analyst Naji Baydoun, who provided an update to clients on the company on Tuesday where he reiterated a “Strong Buy” recommendation on the stock. Read more. Source: Cantech Letter

Critical Elements Lithium Corp (Critical Elements Lithium Stock Quote, Charts, News, Analysts, Financials TSXV:CRE) got the nod from iA Capital Markets analyst Sehaj Anand on Wednesday, with Ananda saying the stock deserves a Top Pick rating for the third quarter on the back of its high-purity lithium deposit in Quebec’s James Bay Area and multiple upcoming catalysts for the stock. Read more. Source: Cantech Letter

The current risk-reward ratio on Lightspeed Commerce (Lightspeed Commerce Stock Quote, Charts, News, Analysts, Financials NYSE:LSPD) is compelling, says iA Capital Markets analyst Neehal Upadhyaya, who in a Wednesday report reiterated a Top Pick recommendation for LSPD. Investors should benefit from catalysts galore for the stock, Upadhyaya said, while topline growth this year is well above its peer group average.  Read more. Source: Cantech Letter

Digital asset management company MediaValet (MediaValet Stock Quote, Charts, News, Analysts, Financials TSX:MVP) continues to offer investors a compelling risk-to-reward prospect, according to iA Capital Markets analyst Neehal Upadhyaya, who provided a Tuesday update. Upadhyaya kept a “Buy” rating and $1.55 target on the stock, saying MVP has a number of major catalysts coming up. Read more. Source: Cantech Letter

Results were mixed for the first quarter from Boralex Inc (Boralex Stock Quote, Charts, News, Analysts, Financials TSX:BLX), according to Naji Baydoun, analyst for iA Capital Markets. But Baydoun has retained a “Buy” rating on the stock, saying in a Thursday report that the renewable power company has both solid free cash flow growth and a potential upside from its development pipeline. Read more. Source: Cantech Letter