
TSE:H
This summary was created by AI, based on 5 opinions in the last 12 months.
Hydro One, identified by the symbol H-T, has garnered mixed reviews from various experts. While some appreciate the strong visibility and clean narrative surrounding the company, others express concerns regarding its low dividend yield of 2.5%, which falls short in comparison to peers within the utilities sector. The stock trades at a higher price-to-earnings ratio of 23x, further contributing to its mixed appeal. Although it has seen downward pressure this year, some experts view it as having potential for long-term growth due to its attractiveness amid a market that currently favors defensive plays. Overall, while there is merit in holding Hydro One for its regulatory strengths, the focus is shifting towards pricing power and dividend growth in light of evolving economic conditions.
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.