AltaGas Ltd T.ALA

Time to sell?

[mbuch]

Doesn't look like this is going any higher for a while...

[corvette67]

Probably right. Doesn't seem to be either a growth stock or an income stock. Most of their capital expenditure is focused on modernizing their existing facilities and there are better income opportunities, so if you are not happy with the %3.8 divy, i would dump. GLTA

[Johnwith30years]

Man, it is just this kind of post that a larger fund loves tro see:   Ooodles of upgrades to stock price target, moving toward the two strongest quarters of the year and December dividend increase and small retail investors getting impatient becuase there is some slight selling pressue   was it five days ago or six that the stock hit its yearly high to date with nearly all

[AAJJRR]

BCE is paying 5 and a half percent and can certainly be considered a utility. I moved over when it was at 6, ($58). Don't get me wrong, without a company providing electricity, I wouldn't be able to use my phone to invest.

[marketsense]

This is not the time to sell IMO.  That time if you were so inclined is when ALA spiked just shy of $27 recently.   It is now in the weakest quarters so I would be a buyer not a seller.   That kind of thinking is completely a ss backwards and so many fall into that psychology.  They sell on weakness and buy into strength.  Surely a recipe for losses and more frustration

[Capharnaum]

Altagas will have a double-digits growth rate for the next few years. Since they are regulated, they do get a return on capex spent on their existing facilities. The dividend will be increased at the end of the year.