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Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  AQN | T.AQN.PR.A | T.AQN.PR.D | AGQPF

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.


TSX:AQN - Post by User

Comment by bmbruceon Sep 05, 2020 1:08am
209 Views
Post# 31515001

RE:new Motley Fool recommendation

RE:new Motley Fool recommendationWouldn't put too much value on Motley Fool's recommendations as they continually recommend stocks without any substantive analysis... This market is finally waking up to the fact that it has gotten too far ahead of itself in relation to the underlying economic conditions and the possibility of further stagnation.. this together with the growing realisation that current monetary policies will not get the economy back on any significant growth path without substantive policies oriented towards such things as infrastructure projects etc.... the market has based it's recent rise totally on the presumption that low interest rates and QE will support much higher valuations into the future however without a growing economy to support these valuations this premise is faulty... unfortunately for AQN the recent volatility has and will continue to have an impact on it's share price independent of it's own fundamentals as traders move large sums into and out of different sectors of the market in an effort to guess what parts of the economy have the best chances in the near future..
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