What do you think of BIP.UN for RSP investment (5+ years)

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Also own BEP.UN in RSP. Also BN and BAM in cash acct

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Asked on March 1, 2023 8:37 am
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Hey there,

Absolutely zero issues with holding BIP over the long term. We quite like the stock (former Bull List stock) and is one of the premier infrastructure companies. While interest rates may be a drag as with most high capex companies, over a five-year period, BIP should be just fine. Currently trading at ~10% discount to historical averages and is expects to grow earnings by double-digits over the next few years to go along with 7-10% distribution growth. All in all, a solid company.

Mat

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Posted by Mathieu Litalien
Answered on March 2, 2023 5:40 am