Algonquin Power & Utilities Corp

AQN-T

TSE:AQN

18.59
0.06 (0.32%)
Algonquin Power & Utilities Corp. is a renewable energy and regulated utility company with assets across North America.
More at Wikipedia

Analysis and Opinions about AQN-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
December 5, 2019
He would not buy here. His model price is $17.96 or -5%. This valuation is stretched. At $13 it would be an excellent buy.
He would not buy here. His model price is $17.96 or -5%. This valuation is stretched. At $13 it would be an excellent buy.
Brian Acker, CA
Chief Executive Officer, President and Chief Inves, Acker Finley Inc.
Price
$18.860
Owned
Yes
BUY
BUY
December 3, 2019

It's one of the few reliable renewable stocks to invest in. It's reliable, though not a slam dunk like TC Energy because something could happen to it. But it's pretty good and pays a 4.5% yield.

It's one of the few reliable renewable stocks to invest in. It's reliable, though not a slam dunk like TC Energy because something could happen to it. But it's pretty good and pays a 4.5% yield.

David Baskin
President, Baskin Wealth Management
Price
$18.700
Owned
Unknown
BUY
BUY
November 25, 2019
He’s not looking to purchase it right now. He holds Northland Power instead. There was an announcement that there is a new project that is being built in the US that is a combination of wind, solar and Tesla batteries. Carbon credit will also be a good opportunity for them.
He’s not looking to purchase it right now. He holds Northland Power instead. There was an announcement that there is a new project that is being built in the US that is a combination of wind, solar and Tesla batteries. Carbon credit will also be a good opportunity for them.
Robert McWhirter
President, Selective Asset Management
Price
$18.490
Owned
No
BUY
BUY
November 14, 2019
He thinks AQN-T will probably be a hold better. He lightened up on FTS-T. He may still lighten up on the FTS-T position further. AQN-T has some other drivers to it. He thinks it will test its new high. You could buy it here today.
He thinks AQN-T will probably be a hold better. He lightened up on FTS-T. He may still lighten up on the FTS-T position further. AQN-T has some other drivers to it. He thinks it will test its new high. You could buy it here today.
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$18.040
Owned
Yes
PAST TOP PICK
PAST TOP PICK
November 12, 2019
(A Top Pick Nov 13/18, Up 33%) They've benefited from this past year's market move to defensive stocks. They bought New Brunswick Gas from ENB and another nat. gas facility in New York state; and they're closing a deal on another in Bermuda. So, they've added generation capacity. They're make hydro, wind and solar energy, which she likes. The dividend yield pays 4.2% which is growing 10% annually. She still likes it. A good, long-term hold. It's smaller than Fortis, so they can grow faster.
(A Top Pick Nov 13/18, Up 33%) They've benefited from this past year's market move to defensive stocks. They bought New Brunswick Gas from ENB and another nat. gas facility in New York state; and they're closing a deal on another in Bermuda. So, they've added generation capacity. They're make hydro, wind and solar energy, which she likes. The dividend yield pays 4.2% which is growing 10% annually. She still likes it. A good, long-term hold. It's smaller than Fortis, so they can grow faster.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$17.940
Owned
Yes
BUY
BUY
November 12, 2019
Utilities vs. financials as utilities sell off, but during low interest rates He's been seeing risk-on and -off trades of only short duration. AQN is his 5th-largest holding. You can step into American banks now, like JP Morgan, but it's perfectly fine to own both utilities and financials. He still likes AQN. Pension funds are moving away from fossil fuels into renewables; those funds like yield and established companies like AQN or Northland Power. Don't worry about the recent modest decline in AQN.
Utilities vs. financials as utilities sell off, but during low interest rates He's been seeing risk-on and -off trades of only short duration. AQN is his 5th-largest holding. You can step into American banks now, like JP Morgan, but it's perfectly fine to own both utilities and financials. He still likes AQN. Pension funds are moving away from fossil fuels into renewables; those funds like yield and established companies like AQN or Northland Power. Don't worry about the recent modest decline in AQN.
Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$17.940
Owned
Yes
BUY
BUY
November 1, 2019

Fortis just came out with good earnings. It is expensive at 19x. Algonquin is growing earnings per share at 15% with a lower multiple. He prefers AQN.

Fortis just came out with good earnings. It is expensive at 19x. Algonquin is growing earnings per share at 15% with a lower multiple. He prefers AQN.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$18.090
Owned
Yes
BUY
BUY
October 29, 2019

Been rolling over lately. Is there running room to come? Yes, it has rolled over, because they raised money to pay down debt. Now is a buying opportunity. It probably won't jump another third to $24, but the dividend offers a good return. Buy below $18. It needs a US acquisition that they're planning to push the stock up.

Been rolling over lately. Is there running room to come? Yes, it has rolled over, because they raised money to pay down debt. Now is a buying opportunity. It probably won't jump another third to $24, but the dividend offers a good return. Buy below $18. It needs a US acquisition that they're planning to push the stock up.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$17.640
Owned
Yes
BUY
BUY
October 24, 2019
It is half an independent power producer and half a regulated US utility. He thinks the future is bright. He thinks it will continue to grow organically as well as to look at every deal that comes onto the table. He paired back his position as the stock price edged up.
It is half an independent power producer and half a regulated US utility. He thinks the future is bright. He thinks it will continue to grow organically as well as to look at every deal that comes onto the table. He paired back his position as the stock price edged up.
Varun Anand
Portfolio Manager, Starlight Capital
Price
$18.310
Owned
Yes
COMMENT
COMMENT
October 15, 2019

Sell Fortis and AQN to buy OTEX? AQN is a great utility; they've done a good job growing. He owns Emera in this space. Utilities have done very well until recently when a trade deal looked possible. He'd own OTEX before AQN, because it has generated a higher return on equity historically. Occasionally, OTEX makes a big acquisition to surprise the market in a good way. OTEX is doing more cloud work, which amounts to wider margins.

Sell Fortis and AQN to buy OTEX? AQN is a great utility; they've done a good job growing. He owns Emera in this space. Utilities have done very well until recently when a trade deal looked possible. He'd own OTEX before AQN, because it has generated a higher return on equity historically. Occasionally, OTEX makes a big acquisition to surprise the market in a good way. OTEX is doing more cloud work, which amounts to wider margins.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$17.880
Owned
Unknown
BUY
BUY
October 4, 2019
He likes the utilities and the chart looks good. He owns it personally. The environment right now is favourable for utilities and he likes the stock.
He likes the utilities and the chart looks good. He owns it personally. The environment right now is favourable for utilities and he likes the stock.
David Cockfield
Managing Director, Northland Wealth Management
Price
$18.550
Owned
Yes
STRONG BUY
STRONG BUY
September 23, 2019
It is a core holding. It is considered the safest utility. It is near the top of his list right now.
It is a core holding. It is considered the safest utility. It is near the top of his list right now.
Rob McConnachie
Chief Investment Officer, Dixon Mitchell Investment Counsel
Price
$18.010
Owned
Yes
HOLD
HOLD
September 20, 2019
He likes this and has owned it as a Past Top Pick. He was a buyer below $10. It grows by acquisition along with good organic growth. It is still undervalued compared to its peers. It could still go up another couple of dollars per share. A good solid hold.
He likes this and has owned it as a Past Top Pick. He was a buyer below $10. It grows by acquisition along with good organic growth. It is still undervalued compared to its peers. It could still go up another couple of dollars per share. A good solid hold.
Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$18.050
Owned
Yes
HOLD
HOLD
September 19, 2019

It is trading at an all time high. They have done great with a great management turn. Take profits if it gets too overweight in your portfolio.

It is trading at an all time high. They have done great with a great management turn. Take profits if it gets too overweight in your portfolio.

Ryan Bushell
President, Newhaven Asset Management
Price
$17.920
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
September 17, 2019
Pays a regulated return, though buy on a pullback, and it's done a great job growing. AQN is his favourite in this space.
Pays a regulated return, though buy on a pullback, and it's done a great job growing. AQN is his favourite in this space.
Christopher Blumas
Vice-President & Portfolio Manager, GlobeInvest Capital Management
Price
$17.910
Owned
Yes
WATCH
WATCH
September 12, 2019

AQN-T vs. NPI-T. He likes the sector. It is not a pure utility play. AQN-T has a nice upward trend. They have come off a little bit. They diverged since July. He is looking at whether they will come off a little more. Sept and Oct tend to be the worst performing months.

AQN-T vs. NPI-T. He likes the sector. It is not a pure utility play. AQN-T has a nice upward trend. They have come off a little bit. They diverged since July. He is looking at whether they will come off a little more. Sept and Oct tend to be the worst performing months.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$17.780
Owned
Yes
TOP PICK
TOP PICK
August 27, 2019
Phenomenal managers who've made large acquisitions seamlessly. He's long owned this. They have a $7.5 billion development pipeline of projects. They have a unique partnership with a Spanish company to finance green power and assets there, making a great yield there. They have a lot on the go. Utilities and this stock will do very well during low interest rates. Pays a 4.35% yield. (Analysts’ price target is $17.98)
Phenomenal managers who've made large acquisitions seamlessly. He's long owned this. They have a $7.5 billion development pipeline of projects. They have a unique partnership with a Spanish company to finance green power and assets there, making a great yield there. They have a lot on the go. Utilities and this stock will do very well during low interest rates. Pays a 4.35% yield. (Analysts’ price target is $17.98)
Andrew Pink
Portfolio Manager, LDIC
Price
$17.170
Owned
Yes
TOP PICK
TOP PICK
August 19, 2019
Good dividend and fine chart. Exit if it falls below $16.40. He likes where this going. The chart isn't effected by anything in the world, and utilities have been doing well. This could fall back to low-$16's, but the trend should continue up, growing a lot more. (Analysts’ price target is $17.97)
Good dividend and fine chart. Exit if it falls below $16.40. He likes where this going. The chart isn't effected by anything in the world, and utilities have been doing well. This could fall back to low-$16's, but the trend should continue up, growing a lot more. (Analysts’ price target is $17.97)
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$17.230
Owned
Yes
BUY
BUY
August 14, 2019
Another defensive utility besides Fortis Better than Fortis is AQN-T, trading at 16.5x. He sees 14% growth at a reasonable price.
Another defensive utility besides Fortis Better than Fortis is AQN-T, trading at 16.5x. He sees 14% growth at a reasonable price.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$17.190
Owned
Unknown
COMMENT
COMMENT
August 2, 2019
Revenue didn't grow in the last quarter. Issue with Canadian utilities is that they acquired companies and have debt. If they can grow their revenue base, can keep paying back debt. Has been making acquisitions, like in wind power, but must see how the coal to natural gas conversion plays out. It could go sideways.
Revenue didn't grow in the last quarter. Issue with Canadian utilities is that they acquired companies and have debt. If they can grow their revenue base, can keep paying back debt. Has been making acquisitions, like in wind power, but must see how the coal to natural gas conversion plays out. It could go sideways.
David Driscoll
President & CEO, Liberty International Investment Management Inc
Price
$16.825
Owned
Unknown
HOLD
HOLD
July 31, 2019

During low interest rates as a safe haven? This time of year, be defensive. Momentum isn't great. Utilities are good. Good year over year revenue growth, which is unusual for a utility. AQN is reaching end of seasonality from mid-May to late-August. It's holding 20/50/200-moving averages. Hold until end of seasonality. Emera and Fortis' seasonality starts in July, so maybe rotate to these.

During low interest rates as a safe haven? This time of year, be defensive. Momentum isn't great. Utilities are good. Good year over year revenue growth, which is unusual for a utility. AQN is reaching end of seasonality from mid-May to late-August. It's holding 20/50/200-moving averages. Hold until end of seasonality. Emera and Fortis' seasonality starts in July, so maybe rotate to these.

Jon Vialoux
Research Analyst, CastleMoore Inc.
Price
$16.440
Owned
Yes
PAST TOP PICK
PAST TOP PICK
July 12, 2019
(A Top Pick Jun 26/18, Up 34%) A growth utility. Their U.S. acquisitions are turning out really well. He still likes it. They have a plan of growth and dividend increases nearly 10% for the next five years. Sure, it'll pull back a little in a recession, but the dividend will remain solid.
(A Top Pick Jun 26/18, Up 34%) A growth utility. Their U.S. acquisitions are turning out really well. He still likes it. They have a plan of growth and dividend increases nearly 10% for the next five years. Sure, it'll pull back a little in a recession, but the dividend will remain solid.
Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$16.230
Owned
Yes
COMMENT
COMMENT
July 5, 2019
Dividend on the higher end at 4.65% right now. Impressive growth when it comes to revenue. Not a pure play, they do have some exposure to natural gas. Likes them but doesn't own them. A company that can give you a nice mix with an healthy dividend while still having some room to grow.
Dividend on the higher end at 4.65% right now. Impressive growth when it comes to revenue. Not a pure play, they do have some exposure to natural gas. Likes them but doesn't own them. A company that can give you a nice mix with an healthy dividend while still having some room to grow.
Tim Nash
Founder, Good Investing
Price
$16.100
Owned
No
BUY
BUY
July 4, 2019
It is part utility and part infrastructure. It started in Canada and has grown quite rapidly. It meets his criteria.
It is part utility and part infrastructure. It started in Canada and has grown quite rapidly. It meets his criteria.
Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$16.160
Owned
No
DON'T BUY
DON'T BUY
June 27, 2019
It is a renewable energy company and utility that has had a remarkable run. It has been sought by dividend seekers for its dividend growth. The reason it has sold off is because they have become expensive and there is a rotation into more economically sensitive groups. If the Fed goes into a rate cutting cycle then it will benefit economically sensitive stocks. If you are buying it for the dividend then you will get it as well as dividend growth. He thinks the utility group will have some challenges, however.
It is a renewable energy company and utility that has had a remarkable run. It has been sought by dividend seekers for its dividend growth. The reason it has sold off is because they have become expensive and there is a rotation into more economically sensitive groups. If the Fed goes into a rate cutting cycle then it will benefit economically sensitive stocks. If you are buying it for the dividend then you will get it as well as dividend growth. He thinks the utility group will have some challenges, however.
David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$15.850
Owned
Unknown
TOP PICK
TOP PICK
June 19, 2019

A recession-resilient business that's growing well. It's cheaper than its peers and pays a growing dividend. They have a number or pojects driving growth, which he forecasts at 11% and 10% annual dividend growth, at 16.3x earnings (cheaper than Fortis and Emera). Has a steady payout ratio, so the dividend is safe. The dividend will pay you well in a recession. This is a long-term play on clean energy. (Analysts’ price target is $17.08)

A recession-resilient business that's growing well. It's cheaper than its peers and pays a growing dividend. They have a number or pojects driving growth, which he forecasts at 11% and 10% annual dividend growth, at 16.3x earnings (cheaper than Fortis and Emera). Has a steady payout ratio, so the dividend is safe. The dividend will pay you well in a recession. This is a long-term play on clean energy. (Analysts’ price target is $17.08)

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$16.430
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
June 18, 2019
He likes this stock a lot. It has been making higher highs and higher lows. He thinks another intermediate stock rallies about to begin so would be recommending this "risk-on" investment. He would be patient and buy on weakness near $16.
He likes this stock a lot. It has been making higher highs and higher lows. He thinks another intermediate stock rallies about to begin so would be recommending this "risk-on" investment. He would be patient and buy on weakness near $16.
Javed Mirza
Technical analyst, Canaccord Genuity
Price
$16.360
Owned
Yes
PARTIAL BUY
PARTIAL BUY
June 14, 2019
It's right on $16.68 model price. Good 4.38% yield. This is trading at fair market value, as its peers are overpriced. Buy on a pullback, though you can buy a little now.
It's right on $16.68 model price. Good 4.38% yield. This is trading at fair market value, as its peers are overpriced. Buy on a pullback, though you can buy a little now.
Brian Acker, CA
Chief Executive Officer, President and Chief Inves, Acker Finley Inc.
Price
$16.320
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
June 11, 2019
(A Top Pick May 11/18, Up 24%) It has good US exposure. Don't expect acquisitions. This will be slow and steady, and the dividend will gradually rise. A good place to be when the interest rate is cut.
(A Top Pick May 11/18, Up 24%) It has good US exposure. Don't expect acquisitions. This will be slow and steady, and the dividend will gradually rise. A good place to be when the interest rate is cut.
Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$16.140
Owned
Yes
HOLD
HOLD
May 29, 2019
Why did utilities fall today when the market also went down? This is a renewable, so it's a substitute for energy. Market today had a risk-off sentiment. Doesn't always hold that when rates go down, my interest sensitive stock must always go up. A long-term play, renewables are going to increase. Don't look at the day to day stuff, look at it for 10-20 years.
Why did utilities fall today when the market also went down? This is a renewable, so it's a substitute for energy. Market today had a risk-off sentiment. Doesn't always hold that when rates go down, my interest sensitive stock must always go up. A long-term play, renewables are going to increase. Don't look at the day to day stuff, look at it for 10-20 years.
Andrew Pyle
Senior wealth advisor and portfolio manager, The Pyle Group, Scotia Wealth Mgt.
Price
$15.810
Owned
Yes
BUY
BUY
May 16, 2019
He likes this one. They do have cogen. For those that don't mind, it will do very well.
He likes this one. They do have cogen. For those that don't mind, it will do very well.
Tim Nash
Founder, Good Investing
Price
$15.620
Owned
Unknown
COMMENT
COMMENT
May 15, 2019

AQN vs NPI Both companies have similar yields -- around 4.9%. He owns both. AQN-T is more US focused. NPI-T is more international. The dividend with AQN-T is paid in US dollars.

AQN vs NPI Both companies have similar yields -- around 4.9%. He owns both. AQN-T is more US focused. NPI-T is more international. The dividend with AQN-T is paid in US dollars.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$15.480
Owned
Yes
HOLD
HOLD
April 24, 2019
This interest rate sensitive utility was hurt hard with rising rates last year. As the Central Bank has reduced fears of further rate increases, these stocks have done well. AQN-T has a good balance between generation and distribution businesses. This makes it have more of a growth profile than other utilities in the space. It trades at 17 times earnings and has a 4.5% yield. He will continue to own it.
This interest rate sensitive utility was hurt hard with rising rates last year. As the Central Bank has reduced fears of further rate increases, these stocks have done well. AQN-T has a good balance between generation and distribution businesses. This makes it have more of a growth profile than other utilities in the space. It trades at 17 times earnings and has a 4.5% yield. He will continue to own it.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$15.330
Owned
Yes
BUY
BUY
April 18, 2019
AQN vs. Fortis for the next 3 years Likes both, but gives the edge to AQN. AQN will continue to outperformer Fortis, but both are well-run and can deliver higher returns.
AQN vs. Fortis for the next 3 years Likes both, but gives the edge to AQN. AQN will continue to outperformer Fortis, but both are well-run and can deliver higher returns.
David Cockfield
Managing Director, Northland Wealth Management
Price
$15.330
Owned
Unknown
BUY
BUY
April 10, 2019
NPI vs. AQN NPI is fine, but she prefers AQN. Nothing wrong with NPI. NPI's recently pullback was due to the CEO dumping a lot of stock on the market, which was a buying opportunity/entry point. AQN has a regulated side in renewable side, pays a good dividend and can growth outside Canada.
NPI vs. AQN NPI is fine, but she prefers AQN. Nothing wrong with NPI. NPI's recently pullback was due to the CEO dumping a lot of stock on the market, which was a buying opportunity/entry point. AQN has a regulated side in renewable side, pays a good dividend and can growth outside Canada.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$15.330
Owned
Yes
STRONG BUY
STRONG BUY
April 9, 2019
This chart is fantastic. It's broken to new all-time highs already. A winner.
This chart is fantastic. It's broken to new all-time highs already. A winner.
Javed Mirza
Technical analyst, Canaccord Genuity
Price
$15.220
Owned
Unknown
BUY
BUY
April 3, 2019
Utilities do well in the weaker 6 months of the year--May to October--but they have been are rocketing up outside of the seasonal period.
Utilities do well in the weaker 6 months of the year--May to October--but they have been are rocketing up outside of the seasonal period.
Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$15.160
Owned
Unknown
WATCH
WATCH
March 14, 2019
The price did not drop much in December at all. You want to be buying it for the dividend. He is not expecting much upside on the price. It was quite resilient when the rest of the market was falling. It is a utility play and not a yield play.
The price did not drop much in December at all. You want to be buying it for the dividend. He is not expecting much upside on the price. It was quite resilient when the rest of the market was falling. It is a utility play and not a yield play.
Tim Nash
Founder, Good Investing
Price
$14.960
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
March 12, 2019
(A Top Pick Mar 08/18, Up 23%) 75% of earnings come from regulated utilities. 25% are renewable power under long-term contracts. Over 90% of earnings come from the U.S. paying dividends in USD. Pays a 4.5% yield that they can increase 10% annually because of a project backlog. They have an equity interest in Atlantic Yield which owns renewable power assets mostly in the U.S.--this gives AQN a foray to grow internationally.
(A Top Pick Mar 08/18, Up 23%) 75% of earnings come from regulated utilities. 25% are renewable power under long-term contracts. Over 90% of earnings come from the U.S. paying dividends in USD. Pays a 4.5% yield that they can increase 10% annually because of a project backlog. They have an equity interest in Atlantic Yield which owns renewable power assets mostly in the U.S.--this gives AQN a foray to grow internationally.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$15.100
Owned
Yes
TOP PICK
TOP PICK
March 7, 2019
Another utility. It is defensive. It has meaningful growth potential. He likes the growth prospects. (Analysts’ price target is $16.01)
Another utility. It is defensive. It has meaningful growth potential. He likes the growth prospects. (Analysts’ price target is $16.01)
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$15.050
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 13, 2019
(A Top Pick Feb 13/18, Up 19%) It has some growth with 25% of revenues from renewables. 90% of earnings comes from the US. Pays it dividends in US dollars. She still likes it and calls it a defensive holding. Yield 4.2%.
(A Top Pick Feb 13/18, Up 19%) It has some growth with 25% of revenues from renewables. 90% of earnings comes from the US. Pays it dividends in US dollars. She still likes it and calls it a defensive holding. Yield 4.2%.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$14.340
Owned
Yes
BUY
BUY
February 8, 2019
A summer play from May-August, but it's still trending higher. Investors are risk-averse with this. Pays a 4.2% dividend.
A summer play from May-August, but it's still trending higher. Investors are risk-averse with this. Pays a 4.2% dividend.
Jon Vialoux
Research Analyst, CastleMoore Inc.
Price
$14.690
Owned
Unknown
BUY
BUY
January 30, 2019
AQN vs. Fortis Both are good companies that pay good yields, though AQN has a little more growth while Fortis is steadier. Both have done acquisitions to propel future earnings growth. It's hard to choose one.
AQN vs. Fortis Both are good companies that pay good yields, though AQN has a little more growth while Fortis is steadier. Both have done acquisitions to propel future earnings growth. It's hard to choose one.
Jim Huang
President, T.I.P. Wealth Management
Price
$14.450
Owned
Unknown
BUY
BUY
January 18, 2019
Target price of $17. It's been stuck at $14, but remember it didn't go down like the market did. Has 8% EPS growth trading at 15.7x which is cheaper than Fortis and Emera. Has a lot of wind on its back.
Target price of $17. It's been stuck at $14, but remember it didn't go down like the market did. Has 8% EPS growth trading at 15.7x which is cheaper than Fortis and Emera. Has a lot of wind on its back.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$14.180
Owned
Yes
BUY
BUY
January 16, 2019
AQN vs. NPI He likes and owns them both. They offer steady cash flow. Likes their dividends which should continue for quite a while. The downside to these and other utilities is that pension funds own them. So if there's a downturn, these will come down in price from a sell-off.
AQN vs. NPI He likes and owns them both. They offer steady cash flow. Likes their dividends which should continue for quite a while. The downside to these and other utilities is that pension funds own them. So if there's a downturn, these will come down in price from a sell-off.
Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$14.000
Owned
Yes
PARTIAL SELL
PARTIAL SELL
January 15, 2019
They had a good year in 2018. It's been a great performer over a long time. They've been aggressively buying and have executed well. He owns Northland Power instead, which has slightly more upside and growth. Nothing wrong with AQN. You can take profits here and buy banks or oil/gas or other overly punished sectors.
They had a good year in 2018. It's been a great performer over a long time. They've been aggressively buying and have executed well. He owns Northland Power instead, which has slightly more upside and growth. Nothing wrong with AQN. You can take profits here and buy banks or oil/gas or other overly punished sectors.
Ryan Bushell
President, Newhaven Asset Management
Price
$14.050
Owned
No
BUY
BUY
January 3, 2019
He likes it. You get a 5% yield but you also get growth and this differentiates them from other domestic utility names. It pays its dividend in US$. He likes the twist of its US assets. This is a good stable name.