More stocks to consider
Alternative stocks to AltaGas (TSX:ALA)
These are the alternatives to AltaGas that fall within the same industry, Gas 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 AltaGas Performance
AltaGas stock research in summary
altagas.ca
AltaGas shares have a market-typical stock price level. They show above average growth and are good value, but are riskily financed. We recommend evaluating whether the future of the company AltaGas is typical for this industry which the market average price level of the shares suggests. If you believe that the future of the company is above average, that could be an argument for buying the shares and vice versa.
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Country |
Canada |
Industry |
Gas Utilities |
Index |
|
Size class |
X-Large |
Large companies - similar industry as AltaGas
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Fortis (XL, CA) Electric Utilities
|
1. Fortis (XL, CA) Electric Utilities
|
76
|
|
70
|
|
82
|
|
100
|
|
2. ATCO (XL, CA) Multi-Utilities
|
2. ATCO (XL, CA) Multi-Utilities
|
97
|
|
73
|
|
81
|
|
100
|
|
3. PPL (XL, US) Electric Utilities
|
3. PPL (XL, US) Electric Utilities
|
48
|
|
64
|
|
94
|
|
92
|
|
4. Hawaiian Electric Industries (XL, US) Electric Utilities
|
4. Hawaiian Electric Industries (XL, US) Electric Utilities
|
80
|
|
4
|
|
90
|
|
90
|
|
5. Pinnacle West (XL, US) Electric Utilities
|
5. Pinnacle West (XL, US) Electric Utilities
|
64
|
|
82
|
|
58
|
|
90
|
|
6. Entergy (XXL, US) Electric Utilities
|
6. Entergy (XXL, US) Electric Utilities
|
24
|
|
96
|
|
54
|
|
82
|
|
7. Atmos Energy (XL, US) Gas Utilities
|
7. Atmos Energy (XL, US) Gas Utilities
|
20
|
|
86
|
|
96
|
|
82
|
|
8. Vistra Energy (XXL, US) Power Producers & Traders
|
8. Vistra Energy (XXL, US) Power Producers & Traders
|
18
|
|
96
|
|
63
|
|
80
|
|
9. Sempra Energy (XXL, US) Multi-Utilities
|
9. Sempra Energy (XXL, US) Multi-Utilities
|
30
|
|
70
|
|
72
|
|
74
|
|
10. Public Service Enterprise (XL, US) Multi-Utilities
|
10. Public Service Enterprise (XL, US) Multi-Utilities
|
3
|
|
85
|
|
85
|
|
73
|
|
January 2, 2025
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 AltaGas
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. ATCO (XL, CA) Multi-Utilities
|
1. ATCO (XL, CA) Multi-Utilities
|
97
|
|
73
|
|
81
|
|
100
|
|
2. Fortis (XL, CA) Electric Utilities
|
2. Fortis (XL, CA) Electric Utilities
|
76
|
|
70
|
|
82
|
|
100
|
|
3. Linamar (XL, CA) Auto Parts & Equipment
|
3. Linamar (XL, CA) Auto Parts & Equipment
|
85
|
|
43
|
|
98
|
|
100
|
|
4. West Fraser (XL, CA) Forest Products
|
4. West Fraser (XL, CA) Forest Products
|
64
|
|
99
|
|
68
|
|
98
|
|
5. Canadian Tire (XXL, CA) General Merchandise Stores
|
5. Canadian Tire (XXL, CA) General Merchandise Stores
|
87
|
|
91
|
|
50
|
|
98
|
|
6. Restaurant Brands International (XL, CA) Restaurants
|
6. Restaurant Brands International (XL, CA) Restaurants
|
61
|
|
87
|
|
66
|
|
98
|
|
7. Fairfax (XXL, CA) Property & Casualty Insurance
|
7. Fairfax (XXL, CA) Property & Casualty Insurance
|
65
|
|
77
|
|
65
|
|
96
|
|
8. Barrick Gold (XL, CA) Gold Production
|
8. Barrick Gold (XL, CA) Gold Production
|
84
|
|
57
|
|
74
|
|
92
|
|
9. Suncor (XXL, CA) Oil & Gas Integrated
|
9. Suncor (XXL, CA) Oil & Gas Integrated
|
71
|
|
49
|
|
85
|
|
91
|
|
10. Russel Metals (XL, CA) Trading & Distribution
|
10. Russel Metals (XL, CA) Trading & Distribution
|
89
|
|
39
|
|
91
|
|
91
|
|
January 2, 2025
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Mid sized companies - similar industry as AltaGas
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. National Fuel Gas (L, US) Gas Utilities
|
1. National Fuel Gas (L, US) Gas Utilities
|
69
|
|
87
|
|
81
|
|
100
|
|
2. ALLETE (L, US) Electric Utilities
|
2. ALLETE (L, US) Electric Utilities
|
70
|
|
54
|
|
96
|
|
98
|
|
3. Northland (L, CA) Renewable Electricity
|
3. Northland (L, CA) Renewable Electricity
|
99
|
|
58
|
|
61
|
|
97
|
|
4. Canadian Utilities (L, CA) Multi-Utilities
|
4. Canadian Utilities (L, CA) Multi-Utilities
|
88
|
|
52
|
|
80
|
|
94
|
|
5. Aqua America (L, US) Water Utilities
|
5. Aqua America (L, US) Water Utilities
|
33
|
|
87
|
|
71
|
|
89
|
|
6. Portland General Electric (L, US) Electric Utilities
|
6. Portland General Electric (L, US) Electric Utilities
|
90
|
|
44
|
|
68
|
|
86
|
|
7. NextEra Energy Partners (L, US) Renewable Electricity
|
7. NextEra Energy Partners (L, US) Renewable Electricity
|
100
|
|
17
|
|
85
|
|
83
|
|
8. IDACORP (L, US) Electric Utilities
|
8. IDACORP (L, US) Electric Utilities
|
38
|
|
72
|
|
88
|
|
82
|
|
9. OGE Energy (L, US) Electric Utilities
|
9. OGE Energy (L, US) Electric Utilities
|
46
|
|
38
|
|
90
|
|
80
|
|
10. Chesapeake Utilities (M, US) Gas Utilities
|
10. Chesapeake Utilities (M, US) Gas Utilities
|
10
|
|
100
|
|
72
|
|
80
|
|
January 2, 2025
Mid sized companies - similar region as AltaGas
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Onex (L, CA) Asset Management & Custody
|
1. Onex (L, CA) Asset Management & Custody
|
45
|
|
95
|
|
88
|
|
100
|
|
2. Mullen (L, CA) Trucking
|
2. Mullen (L, CA) Trucking
|
96
|
|
76
|
|
79
|
|
100
|
|
3. Lassonde (L, CA) Packaged Foods & Meats
|
3. Lassonde (L, CA) Packaged Foods & Meats
|
85
|
|
99
|
|
84
|
|
100
|
|
4. Magellan Aerospace (M, CA) Aerospace & Defense
|
4. Magellan Aerospace (M, CA) Aerospace & Defense
|
95
|
|
73
|
|
98
|
|
100
|
|
5. Whitecap Resources (L, CA) Oil & Gas Production
|
5. Whitecap Resources (L, CA) Oil & Gas Production
|
94
|
|
78
|
|
63
|
|
98
|
|
6. The North West (L, CA) Food Retail
|
6. The North West (L, CA) Food Retail
|
73
|
|
85
|
|
76
|
|
98
|
|
7. Centerra (L, CA) Gold Production
|
7. Centerra (L, CA) Gold Production
|
96
|
|
57
|
|
92
|
|
98
|
|
8. Northland (L, CA) Renewable Electricity
|
8. Northland (L, CA) Renewable Electricity
|
99
|
|
58
|
|
61
|
|
97
|
|
9. Canaccord Genuity (L, CA) Investment Banking & Brokerage
|
9. Canaccord Genuity (L, CA) Investment Banking & Brokerage
|
97
|
|
47
|
|
75
|
|
96
|
|
10. Dundee Precious Metals (M, CA) Gold Production
|
10. Dundee Precious Metals (M, CA) Gold Production
|
72
|
|
67
|
|
96
|
|
96
|
|
January 2, 2025
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