Stockchase Monthly Gems TOP PICK
Altagas Ltd(ALA-T)
01/08/2024
Debt is down, and the dividend is a healthy 3.64% based on a 55% payout ratio. True, the PE has been climbing in the past year, now just under 16x, but historically it's 17.33x. Though shares have rallied 18% so far this year, the street expects them to climb another 10% to an average price of $35.90. Note that as of this writing on the morning of August 1, shares were jumping over 2%, and analyst upgrades will likely follow. ALA is for traders and income investors alike.
Oil / Gas
$33.660