Bullboard - Stock Discussion Forum 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... see more

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TSX:AQN - Post Discussion

Algonquin Power & Utilities Corp > Just wondering

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Post by buttertart on Aug 22, 2023 9:44am

Just wondering

This stock goes down every day right?

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Comment by harvester on Aug 22, 2023 10:54am

Nope

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Comment by Paray99 on Aug 25, 2023 9:22am

There are no stocks that can go up every day lol. This is a good buy in my opinion. They failed in some acquisition recently, but that is for good I believe. Apart all the noise, ~4B revenue for 7B market cap and ~6% dividend is not that bad. There may be reasonable upside from current SP as well These all tell me to buy more and keep for few years!

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Comment by rusty777 on Sep 06, 2023 4:27pm

You are absolutely correct Paray, no stock will go up every day. This one, however, has seen a steady decline since early May and I am not yet seeing any light at the end of the tunnel. Sure, they got rid of the CEO (with a pretty impressive golden parachute) but the folks who hired him (ie the BoD) as well as many of the like-minded folk he hired are still around so this is unlikely ...more

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Comment by Cdnmate23 on Sep 06, 2023 10:12pm

Depending on your position size, consider adding on further dip. Trend suggests it may go below 9 and that would be a trigger and decent average down for you.

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