AltaGas Ltd T.ALA

Analyst Comment

[retiredcf]

https://www.bnnbloomberg.ca/video/greg-newman-discusses-fortis-and-altagas~2015722

COMMENT

 

Altagas Ltd (ALA-T)

August 17, 2020
 

Fortis vs. Altagas ALA is riskier, but it's starting to come into the cycle so, it's doing a lot better. Fortis is a steady-eddy withe nice free cash flow growth and trading at an okay 17.4x valuation, in line with AQN. They hold a lot of renewables, so it will do fine if Biden is U.S. president. It has US exposure. he likes them. He prefers Fortis. Some money has flowed out of here, so it's not trading at the top. With interest rates being a lot lower than before, all these names can trend up 10% in the future.

 

Greg Newman 

 

Price

$18.000

Owned

Unknown

[Bushman3333]

I  see bright  future  for  ALTAGAS  , its  way under value,  there's a lot of up side, just you have to be patient,  I do my own analyst I don't rely on any  one I use to have office in  Chicago and  Detroit,  I'm  confident with my self and the decision  I take, if you want to double your money within 1y