Transalta Corp (TA.TO) Buy, Sell or Hold

Transalta Corp (TA.TO)

18.78

-0.00 (0.00%)

as of Oct 13, 2026, 8:00:00 pm Market Open.

235 watching

HOLD

If you draw a trend line across the lows and another one across the top, this stock is near the top of its trading range. If you're in the stock, the trend is upwards, but if you are thinking of buying wait until it drops down towards the lower part of the trend lind.

DON'T BUY

Quite a diversity of opinion on this stock. The bulls say the dividend is safe at $1 and the bears say it's not. Would not buy because of the diverse views.

TOP PICK

Analysts hate this stock but they are wrong. It is subject to whatever power rates and fluctuations are. Went through a tough period starting in 2001, but things are starting to get better in the power generation business. Problems in plants have been fixed and now they are spending money on maintenanace. The 5% dividend is rock solid.

BUY

Has a very high yield at 5.25%. Likes it for the income. Any capital gain is a bonus. Has been penalized in the last few years because of some problems in some plants they had. Recently have been spending their money on improving their plants to increase profitability and once that's over, expect increased profits and dividends.

DON'T BUY

A power generating company. Has a lot of coal fires plants in western Canada. Bought this when it had a pull back, but not adding to their position at this price, even taking some profit. A great dividend paying stock. Dividend is "reasonably" secure. A little expensive right now. Facing some higher coal costs now.

DON'T BUY

Expects it will ultimately cut its dividend.

DON'T BUY

Doesn't see any catalyst for this company. Really trading off the strength of its dividend which is likely to be cut.

DON'T BUY

Not keen on this stock. Company has not earned its dividend since 1999 and is not projected to earn it until the end of 2006. Feels the dividend is vulnerable given the length and time they haven't been able to earn the dividend.

DON'T BUY

Yields are pretty high relative to bank stocks in particular. A little bit of risk in interest rates increasing. Longer term, management isn't particularily the sharpest knife in the drawer. If you are patient enough assets might get acquired.

DON'T BUY

This, Canadian Utilities and Transalta have lower growths. Would buy a Power Income Trust instead which would give 7/8% versus 4/5%.

BUY

For the last few years has barely been earning its dividends. This last year, they've had high maintenance expenses, but the cash flow more than covers the dividend. If buying for the dividend, it's very secure. Re-contracting power out of their Washington power plant which could add up tp $0.40 per earnings.

PAST TOP PICK

(A Top Pick Sept 8/04. Up 18%.) Liquidated the position in late '04. Was on a paired trade with being long on this one.

DON'T BUY

Views this as more of a bond than an equity. Earnings haven't covered their dividends for quite awhile. Can't see much capital appreciation.

BUY ON WEAKNESS

Have a couple million $'s of excess cash flow, so dividend can be maintained. Expects that by 2007, they will be back in a growth mode and dividend could be increased. Could be a pull back in the near term.

DON'T BUY

The question is, can they maintain the dividend when their earnings don't really cover it. A little too risky.

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Transalta Corp (TA.TO)