More stocks to consider
Alternative stocks to ATCO (TSX:ACO.X)


These are the alternatives to ATCO that fall within the same industry, Multi-Utilities, or region, Canada.

How to read the ranks

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

See ATCO Performance

ATCO stock research in summary

atco.com


ATCO shares are less expensive than other comparable stocks. They are good value and are safely financed, but show below average growth. We recommend evaluating whether the future of the company ATCO is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


Latest Obermatt Ranks


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Country Canada
Industry Multi-Utilities
Index
Size class X-Large

Large companies - similar industry as ATCO

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. NiSource (XL, US)  Multi-Utilities
1. NiSource (XL, US)   Multi-Utilities 46 95 55 86
2. Consolidated Edison (XXL, US)  Multi-Utilities
2. Consolidated Edison (XXL, US)   Multi-Utilities 30 51 82 63
3. Public Service Enterprise (XL, US)  Multi-Utilities
3. Public Service Enterprise (XL, US)   Multi-Utilities 6 65 91 60
4. Dominion (XXL, US)  Multi-Utilities
4. Dominion (XXL, US)   Multi-Utilities 51 45 39 37
5. Sempra Energy (XXL, US)  Multi-Utilities
5. Sempra Energy (XXL, US)   Multi-Utilities 34 27 73 36
6. WEC Energy (XL, US)  Multi-Utilities
6. WEC Energy (XL, US)   Multi-Utilities 28 47 50 28
7. CenterPoint (XL, US)  Multi-Utilities
7. CenterPoint (XL, US)   Multi-Utilities 22 73 28 26
8. DTE Energy (XXL, US)  Multi-Utilities
8. DTE Energy (XXL, US)   Multi-Utilities 32 59 36 26
9. CMS Energy (XL, US)  Multi-Utilities
9. CMS Energy (XL, US)   Multi-Utilities 11 63 38 10
10. Ameren (XL, US)  Multi-Utilities
10. Ameren (XL, US)   Multi-Utilities 35 11 49 1

May 2, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as ATCO

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Celestica (XL, CA)  Electr. Manufacturing Services
1. Celestica (XL, CA)   Electr. Manufacturing Services 85 77 83 100
2. Linamar (XL, CA)  Auto Parts & Equipment
2. Linamar (XL, CA)   Auto Parts & Equipment 88 49 100 100
3. West Fraser (XL, CA)  Forest Products
3. West Fraser (XL, CA)   Forest Products 78 91 75 100
4. Open Text (XL, CA)  Application Software
4. Open Text (XL, CA)   Application Software 100 51 57 98
5. Fairfax (XXL, CA)  Property & Casualty Insurance
5. Fairfax (XXL, CA)   Property & Casualty Insurance 88 53 65 96
6. Cenovus (XXL, CA)  Oil & Gas Integrated
6. Cenovus (XXL, CA)   Oil & Gas Integrated 73 49 84 92
7. Canfor (XL, CA)  Forest Products
7. Canfor (XL, CA)   Forest Products 45 79 82 92
8. Manulife Financial (XXL, CA)  Life & Health Insurance
8. Manulife Financial (XXL, CA)   Life & Health Insurance 70 33 100 91
9. Russel Metals (XL, CA)  Trading & Distribution
9. Russel Metals (XL, CA)   Trading & Distribution 94 18 96 90
10. Barrick Gold (XL, CA)  Gold Production
10. Barrick Gold (XL, CA)   Gold Production 74 61 74 88

May 2, 2024


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Mid sized companies - similar industry as ATCO

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Portland General Electric (L, US)  Electric Utilities
1. Portland General Electric (L, US)   Electric Utilities 86 81 77 100
2. NextEra Energy Partners (L, US)  Renewable Electricity
2. NextEra Energy Partners (L, US)   Renewable Electricity 92 87 81 100
3. ALLETE (L, US)  Electric Utilities
3. ALLETE (L, US)   Electric Utilities 74 53 88 96
4. Avista (L, US)  Multi-Utilities
4. Avista (L, US)   Multi-Utilities 84 73 56 96
5. National Fuel Gas (L, US)  Gas Utilities
5. National Fuel Gas (L, US)   Gas Utilities 63 67 83 94
6. American States Water (M, US)  Water Utilities
6. American States Water (M, US)   Water Utilities 5 95 96 92
7. Hawaiian Electric Industries (L, US)  Electric Utilities
7. Hawaiian Electric Industries (L, US)   Electric Utilities 96 7 90 90
8. Aqua America (L, US)  Water Utilities
8. Aqua America (L, US)   Water Utilities 18 99 71 86
9. Capital Power (L, CA)  Power Producers & Traders
9. Capital Power (L, CA)   Power Producers & Traders 78 3 99 80
10. Superior Plus (L, CA)  Gas Utilities
10. Superior Plus (L, CA)   Gas Utilities 90 47 41 79

May 2, 2024


Mid sized companies - similar region as ATCO

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Magellan Aerospace (M, CA)  Aerospace & Defense
1. Magellan Aerospace (M, CA)   Aerospace & Defense 98 71 100 100
2. Fairfax India Holdings (M, CA)  Asset Management & Custody
2. Fairfax India Holdings (M, CA)   Asset Management & Custody 67 95 93 100
3. Lassonde (L, CA)  Packaged Foods & Meats
3. Lassonde (L, CA)   Packaged Foods & Meats 96 53 79 98
4. Leon's Furniture (L, CA)  Homefurnishing Retail
4. Leon's Furniture (L, CA)   Homefurnishing Retail 88 69 81 98
5. Peyto (M, CA)  Oil & Gas Production
5. Peyto (M, CA)   Oil & Gas Production 94 93 55 98
6. Onex (L, CA)  Asset Management & Custody
6. Onex (L, CA)   Asset Management & Custody 52 99 82 97
7. Dundee Precious Metals (M, CA)  Gold Production
7. Dundee Precious Metals (M, CA)   Gold Production 84 31 98 96
8. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
8. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 96 47 88 95
9. Jamieson Wellness (M, CA)  Personal Products
9. Jamieson Wellness (M, CA)   Personal Products 91 67 59 93
10. Centerra (L, CA)  Gold Production
10. Centerra (L, CA)   Gold Production 94 23 94 92

May 2, 2024



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