Capital Power (CPX.TO)

Excellent company. Dividend looks relatively safe at this point, with decent growth. Rate-cutting cycle will prop up dividends in general. Canadian operations are sound, and those outside Canada are extremely strong. Looks a bit expensive, but probably still has room to grow as rate cuts start rolling in.

Likes their strategy of buying natural gas assets which need a new contract, buying them at a low price. CPX has good performance and pays a high dividend. Supplying data centres is a tailwind.

If you're going to buy a utility, own something like this that's going to increase the dividend reliably. Has a 6% yield that grows consistently.

All utilities had a big selloff when rates were rising in 2022 and 2023. Then, as interest rates went nowhere, so did the stocks, just collecting the dividend. BOC has cut twice, Fed is probably going to start. Utilities have come up off lows, but haven't started to move up yet.

This one has been starting to pick up. 

Was in a downtrend. Now breaking that and making new highs and lows, all good. Now you start looking at next levels, somewhere around $45, and it's pretty close to that right now. If that gets taken out, you could see $50 or so.

Pays you a very competitive income stream, yielding about 5%. Canadian dividend tax credit. Servicing energy industry, so it fits into the long-term themes. Expects some growth in dividends. The kind of play you want to make as part of the nat gas transition and less-green-for-longer transition.

The 5th-largest independent power producer in North America, deriving 50/50 of EBITDA from Canada and the US. They play into the theme of energy transition that will last decades. Growth is good, by buying American companies. They have 3 natural gas facilities from Alberta; NG will be the main energy that will transition us from traditional energy to renewables. Also, power centres connected to AI have been approaching CPX as a potential partner. Lower interest rates help.

Bit volatile, but sees upside. Very attractive value score of 9/10. Expects stock to rally as interests rates ease. Beat latest EPS. Up YTD 13%. Growth opportunities within the business model. Great dividend yield of almost 6%.

Fits into defensive thesis. Current valuation very low - great time to buy. Demand for stable electricity very high. Reliable dividend rate (~6%) is good for yield investors. New A.I. data centers will ensure demand for product. Good for long term investors. Strong management team. Business will be benefited with falling interest rates. 

Doesn't own stock. Would prefer company with better diversification in assets. However, strong business with good assets. Could be a good portion of business. 

Unloaded it, as growth rate is negative. Power prices have come down, costs have gone up. Going to get paid your dividend, with 6% growth. Not bad PE at 13.1x. Trying to get into data centres. He prefers ALA or GEI. EMA is a comparable utility with better growth and price to growth.

Likes recent US acquisitions. Excited about the power business because of AI. A lot more power will be demanded on the grid. Undervalued, time to buy. Yield is 6.5%, with plans to increase 5-6% over next couple of years. 

Lot more upside left.