If we're talking ALA comparators, CU is the one that comes to mind for me as a possibly better fit than TRP.JaydoubleU wrote:I am having a look at this company and wondering if it's worth buying. I like that it's down 24% YTD, alongside a 1-year dividend growth rate of 12% and a 5-yr rate of 8.45%. It seems quite diversified between gas transmission, utilities, and power, including renewable power. The P/E of 59 is a bit frightening, mind you.
I am wondering if it can be compared to TRP at all, or are they completely different fish. (?)
Which of these appears the best buy right now, TRP or ALA? (thinking out loud)
Also underwater YTD at -17%, so some excitement there for those who thought it conservative and boring. Good dividend grower albeit at a much lower 3.5% yield.
Also presumably in Altared's group of hurtin' Albertan power producers.
P/E looks richer than TRP, so maybe TRP is the better choice post-Keystone.
I'm considering adding in this area. Used to own TRP but exited > $60 in sept 2014.
Have a half position in CU that's 5% underwater, and enough ALA for now.