These 3 Top TSX Stocks are favorites of mine for those looking for growth at reasonable prices. I think each of these stocks has the potential to go parabolic in 2021!
For Canadian investors, trying to buy a single share of
Amazon or another high-priced stock can be difficult. Many platforms do not allow for partial share purchases.
In this context, I’ve picked three of the top
TSX stocks trading under $50 retail investors ought to consider today.
Algonquin Power
One of my top picks for some time has been
Algonquin Power & Utilities Corp. (TSX:AQN)(NYSE:AQN). This a company with a strong core regulated utilities business, providing extremely high levels of cash flow stability. Regulated utilities makes up approximately two-thirds of the company’s revenues.
The other third is where I get excited. Algonquin’s renewable power business has grown to become a powerhouse cash flow generating stream. I think further growth could be on the horizon in terms of acquisitions in the renewables space. Indeed, Algonquin has a very nice mix of safety and growth built into its core business right now, and could improve on this in the future.
Thursday s analyst upgrades and downgrades - The Globe and Mail theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
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Infrastructure and Energy Alternatives, Inc., an infrastructure construction company with renewable energy and specialty civil expertise, has announced that the company has been awarded a US$45 million wind construction contract for the Shady Oaks II Wind Farm in Illinois, US.
Algonquin Power & Utilities Corp., a growing renewable energy and regulated utility company with approximately US$11 billion of total assets across North America, awarded the project to White Construction, a subsidiary of IEA that manages utility-scale renewable energy and heavy civil infrastructure projects.
The award is for the construction of a 118 MW utility-scale wind farm in Lee County, Illinois. IEA will self-perform all of the engineering, procurement and construction (EPC) needs of the project, including the construction of access roads, the improvement of nearby public roads and the erection of collection systems, foundations, and substations for the wind farm. The construction team w
Indy s IEA Secures $45M Wind Construction Contract insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.