TSX:ALA - Post Discussion
Post by
retiredcf on Oct 04, 2023 4:03pm
Top Pick
First stock in the clip; he and his family also own it personally. GLTA
https://www.bnnbloomberg.ca/video/greg-newman-s-top-picks~2779987
TOP PICK
Altagas Ltd(ALA-T)
04/10/2023
Continues to de-risk balance sheet. Growing global export margins. Low cost of capital, high returns. Acquisition looks high quality, synergistic. Low 11x valuation, growing at 11%. Sees dividend growing at 5%. Commodity tailwinds of more robust global exports plus nat gas price. Yield is 4.34%.
(Analysts’ price target is $32.00)
Oil / Gas
Greg Newman
$25.720
Owned
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