Bullboard - Stock Discussion Forum AltaGas Ltd T.ALA.PR.B

Primary Symbol: T.ALA Alternate Symbol(s): ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States... see more

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TSX:ALA - Post Discussion

AltaGas Ltd > Greg Newman -BNN - Past Top Pick

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Post by Possibleidiot01 on May 15, 2024 3:23pm

Greg Newman -BNN - Past Top Pick

PAST TOP PICK

(A Top Pick Mar 03/23, Up 35%)

Strong utility growth. Very good valuation. As earnings move up, still trading at 12.5x 2025 earnings, estimated 12% growth rate. Dividend growing at 6%.

As breadth widens in this market, so many areas to put money. Don't forget about a name like this, hit a nice single without too much headache.

oil / gas

$30.730

Owned

316

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Comment by retiredcf on May 16, 2024 6:55am

Last stock in the clip; he and his family also own it personally. As can be seen, he also spoke about ALA twice more. GLTA https://www.bnnbloomberg.ca/video/greg-newman-s-past-picks~2922877 PARTIAL BUY Altagas Ltd(ALA-T) 15/05/2024 ALA vs. BCE ALA trades at 12x earnings, growing at 12%. On PEG ratio, it's cheaper. Yield is 4%, growing comfortably at 5-8%. BCE is ...more

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AltaGas Ltd