jasonbc

AQN is a 1-3 year strong play

Long
TSX_DLY:AQN   ALGONQUIN POWER & UTILITIES CORP
Yet another in a series of companies that are going no where and have been hit by some bad news during and coming out of COVID and interest rates that will resolve itself. Taking advantage of this one at these levels to build each month a strong position.

1.5-2x in share price is achievable here when interest rates start to get cut in Canada, as this will have a direct effect on their bottom line and a surprise to the upside.

Not to preach here, but strong utility and resource companies that have a mainstay in Canada are going to always rebound, and buying at these levels sets you up for years to come in yield and profit.
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