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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 BlueJay2020on Feb 15, 2023 4:14pm
152 Views
Post# 35288374

RE:Should Double in Three Years

RE:Should Double in Three YearsI bought this way too early at $12.30 and averaged down all the way to where I'm now sitting at about break-even.   There's always a temptation to sell at this juncture and breathe a sigh of relief that you've got out of the mess alive.  However, the reason I bought in the $12s is that I felt it was already oversold at that point and therefore I agree with Blumas that $15 is a possibility in the medium-term. I think clarity over the Kentucky deal will be helpful to the SP, regardless of which way it goes - clarity always goes a long way.

I'm holding and, actually, I'm even considering adding a few more shares.  If I didn't already have a position I'd be backing up the truck now we're in the 10s.   As has been said, these types of opportunities in these types of stocks don't come along very often.
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