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DON'T BUY
Hydro One

Good quality. Likes it, but competitors in the space are a bit cheaper. Trades at 18x. Look to EMA, FTS, or ALA. As beaten-down dividend plays, the whole sector is a buy, but other stocks are cheaper.

electrical utilities
DON'T BUY
Hydro One

Is being hit like all utilities now by high interest rates. Doesn't see a growth catalyst for this stock, so this is really a bond. There's demand for new energy, but building nuclear plants take a long time.

electrical utilities
BUY
Hydro One

The chart shows a long history of higher highs and lows. It's now testing its last low and will probably find support here and continue rising.

electrical utilities
WEAK BUY
Hydro One

When it was partly privatized, it gave investors an opportunity to receive a yield, which has been consistent around 4%. But they're constrained and can't easily raise rates, though rates have jumped in the past year. This is solid for the yield, but doesn't see capital appreciation given where interest rates are.

electrical utilities
BUY
Hydro One
Slow and steady utility name that reflects growth in Ontario. Good name to own if you are looking for dividend income. Power demand not going anywhere. Won't see major growth in share price, but is a steady hold.
electrical utilities
DON'T BUY
Hydro One
Not a big fan - it is a politicized company so there will be limited passing along of costs. It is range bound.
electrical utilities
BUY
Hydro One
Steady eddy. If you're looking for steady dividends to fund your retirement or your lifestyle, stocks like this are your baby. As bond prices go up, it puts pressure on the utility stocks. Rock solid. Utilities are not cutting dividends.
electrical utilities
BUY
Hydro One
Some avoid utilities as interest rates rise. However, Canadian utilities have done very well due to the Russian invasion. So, investors seek defence in this sector. Valuations here are a little rich. He likes Hydro One for stability. He also likes clean energy like AQN, which he trimmed a little. Clean energy will come back this year after a strong 2020 and maybe not as strong as 2020, but still good.
electrical utilities
BUY
Hydro One
Management has put governance issues behind it and instituted good policies. Good mid-single-digit growth, healthy dividend yield, favourable jurisdiction of Ontario. Good RRSP candidate. Not too much of a headache for volatility and downside. For him, better opportunities elsewhere.
electrical utilities
DON'T BUY
Hydro One
H vs. AQN He's been adding to AQN. Valuations have come back in the renewables, with more upside in the next year or two over basic fossil fuel companies. AQN has a 4% dividend yield, valuation is good, Kentucky Power acquisition is another leg of growth.
electrical utilities
DON'T BUY
Hydro One

It's performed well in the past 12-24 months. Ontario is one of the most difficult energy jurisdictions around. Hydro doesn't offer much growth, but it's stable. The dividend isn't enough to excite investors, so he prefers Fortis and others. It's okay to hang onto shares.

electrical utilities
DON'T BUY
Hydro One

Very defensive cashflow streams. Compared to Fortis, Hydro One has geographical limitations being based only in Ontario. In terms of rising interest rates, it remains low and it is not an immediate concern. Look for a utility that has the ability to increase dividends annually.

electrical utilities
HOLD
Hydro One

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.

electrical utilities
HOLD
Hydro One
They made a big acquisition and ran into trouble, but that now behind them. They've endured Covid this, but there's little stock appreciation ahead. Hold this to collect the dividend.
electrical utilities
DON'T BUY
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.

electrical utilities
Showing 1 to 15 of 86 entries

Hydro One(H-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 7

Stockchase rating for Hydro One is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Hydro One(H-T) Frequently Asked Questions

What is Hydro One stock symbol?

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

Is Hydro One a buy or a sell?

In the last year, 7 stock analysts published opinions about H-T. 4 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hydro One.

Is Hydro One a good investment or a top pick?

Hydro One was recommended as a Top Pick by on . Read the latest stock experts ratings for Hydro One.

Why is Hydro One stock dropping?

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.

Is Hydro One worth watching?

7 stock analysts on Stockchase covered Hydro One In the last year. It is a trending stock that is worth watching.

What is Hydro One stock price?

On 2023-11-28, Hydro One (H-T) stock closed at a price of $37.75.