
TSE:H
This summary was created by AI, based on 4 opinions in the last 12 months.
Hydro One (H-T) has garnered mixed reviews from experts, highlighting various aspects of its performance in the utilities sector. A primary concern is its low dividend yield of 2.5%, the lowest among its peers, coupled with its operation limited to Ontario, which may not provide the geographical diversification that some investors prefer. Although the company trades at a higher price-to-earnings ratio of 23x compared to its competitors, there are still positive sentiments towards its strong visibility and status as a regulated utility. One expert views it as a long-term hold, suggesting that despite a recent drop of 10% in share price, it could be an attractive investment opportunity, similar to how Metro was perceived a year ago. Overall, while Hydro One is not highly ranked, it possesses qualities that make it a candidate for defensive and dividend-oriented portfolios.
Sell half of my holdings and buy a utility? It pays a 3.9%. The shares have done well since they abandoned a bid to buy a Washington utility. There's little growth here, though. He prefers Capital Power which is a little riskier and pays a safer dividend. Also look at Innergex or a REIT, if you want income.
H vs. CU Hydro One had serious issues, but a decent dividend. If he had to pick one right now, he'd pick CU. Looks a bit steadier. Hydro One is in nosebleed territory, and looks as though it's starting to come off. CU is consolidating, and looks to go higher short-term. $35 is a good stop level to sell CU, $22 for Hydro One.
Likes it. OK growth rate. Expensive. AQN and FTS are trading at better levels with nice growth rates and dividend growth. Pretty safe area, but a mistake to buy at the top of the range.