RE:panic selling in the markets....seems so illogicaljeffpei wrote: Not buying more ALA yet...last price 24.88...
Markets may be irrational for a bit.
Interest rates won't be up for long. Recession/stagflation will send rates back down to less than 1% within 18-24 months.
Altagas will keep performing. With markets going down in anticipation for a recession, stock might see $22. Will be a great time to purchase.
With continued performance and rates eventually moving back down, Altagas' stock price should be back to $32+ within 18-24 months.