He favours Fortis and Algonquin. H-T is a very stable business model. They had aggressive growth projects but they didn't work out. Would like to see more diversification of cashflow since it is very dependant on Ontario. It is a good, durable business. Would not sell it but it may not perform as well as others. Growth platform is limited.
Ontario's current government has made many changes to the Hydro board, a gong show. He is wait-and-see with Hydro and prefers Emera as a utility, which offers better growth and doesn't suffer government meddling. At its core, though, Hydro is a great business as a regulated utility.
Hydro One is a Canadian stock, trading under the symbol H-T on the Toronto Stock Exchange (H-CT). It is usually referred to as TSX:H or H-T
In the last year, 5 stock analysts published opinions about H-T. 4 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hydro One.
Hydro One was recommended as a Top Pick by on . Read the latest stock experts ratings for Hydro One.
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.
5 stock analysts on Stockchase covered Hydro One In the last year. It is a trending stock that is worth watching.
On 2023-02-03, Hydro One (H-T) stock closed at a price of $35.86.