CPX vs. AQN Quite high quality. Pretty good torque to Alberta power prices, so if you expect Alberta prices to rally, this one will benefit. AQN is his preference, as it has more diversity in its asset base. AQN has more robust opportunities for growth, plus more leverage to the renewable utilities build out.
Own this as well as a renewable? A utility focused in Alberta, but are shifting away from coal towards renewables. It trades at a lower valuation because people are afraid of the Alberta exposure, but he sees good growth ahead as they add more contracted projects. You can own both a BLX or NPI as well as a conventional utility like CPX or CU.
Own this as well as a renewable? A utility focused in Alberta, but are shifting away from coal towards renewables. It trades at a lower valuation because people are afraid of the Alberta exposure, but he sees good growth ahead as they add more contracted projects. You can own both a BLX or NPI as well as a conventional utility like CPX or CU.
Red flags: they're shifting away from coal energy--and this will take time--and their dependence on Alberta energy. Instead, buy AQN, which pays a regulated return, though buy on a pullback, and it's done a great job growing. AQN is his favourite in this space.
CPX vs. Transalta They're transitioning away from coal to natural gas, wind and solar.They've executed extremely well, but he prefers Transalta for its valuation--and Brookfield could buy Transalta. Both companies are well-run.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 6
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 9
Capital Power is a Canadian stock, trading under the symbol CPX-T on the Toronto Stock Exchange (CPX-CT). It is usually referred to as TSX:CPX or CPX-T
In the last year, 9 stock analysts published opinions about CPX-T. 6 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is WEAK BUY. Read the latest stock experts' ratings for Capital Power.
Capital Power was recommended as a Top Pick by Varun Anand on 2021-07-21. Read the latest stock experts ratings for Capital Power.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
9 stock analysts on Stockchase covered Capital Power In the last year. It is a trending stock that is worth watching.
On 2021-07-28, Capital Power (CPX-T) stock closed at a price of $42.16.
CPX vs. AQN Quite high quality. Pretty good torque to Alberta power prices, so if you expect Alberta prices to rally, this one will benefit. AQN is his preference, as it has more diversity in its asset base. AQN has more robust opportunities for growth, plus more leverage to the renewable utilities build out.