AltaGas Ltd T.ALA

Disappointed in this stock

[Grover]

Why is this stock having such a hard time can't even get past $27 for all the good news it claims to release for someone who has owned this stock at $50 lm ready to right it off ,not to mention the dividend awefull

[Scotchlight1001]

In my opinion, money is being pulled out of midstream and utility companies and put into producers to capitalize on the ‘up and to the right’ trend in commodity prices. Altagas dividend should go up as earnings go up. I look at this as a defensive stock. Altagas earnings are better in winter than summer. Spring would be a better time to sell than now. If I sold now and put proceeds in a producer,

[Pingopallie12]

Stock trades cyclical. It starts going up from Dec 6 to Spring. Dips in fall and flat in summer. It will be over 27$ soon

[marketsense]

Agreed.  That's the book on this name.   My guess is its at or near the bottom of this cycle and will start to move up towards the eoy in anticipation of the highest earnings Qtr's.  Good time to buy is now and over the next few weeks.   I'm anticpating $28 peak by end of spring.  They have to raise the div and not some paltry raise if they are interested in