Viewing Opinion | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

2017-03-20

Opinion for Algonquin Power & Utilities Corp (AQN-T)

Signal Price Bias Subject Owned
COMMENT $12.570 UNKNOWN NORTH AMERICAN Unknown

2017 is probably going to be a pretty decent year for this company. It is a combination of an unregulated power developer as well as owner of a lot of regulated utilities, especially in the US. They’ve done very well with a strategy of acquiring smaller orphaned utilities, managing them better, and passing on some of the tax synergies, being a Canadian holding company. At some point, when it gets big enough, there will be less accretion continuing, but for 2017-2018 they have more than enough runway for growth. Have been growing dividends very rapidly.

Jim Huang
President, T.I.P. Wealth Management

No Comments.


You must be logged in to comment.