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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. Public Service Enterprise (XL, US)  Multi-Utilities
1. Public Service Enterprise (XL, US)   Multi-Utilities 7 85 87 81
2. Sempra Energy (XXL, US)  Multi-Utilities
2. Sempra Energy (XXL, US)   Multi-Utilities 27 69 69 59
3. NiSource (XL, US)  Multi-Utilities
3. NiSource (XL, US)   Multi-Utilities 21 93 39 49
4. Dominion (XXL, US)  Multi-Utilities
4. Dominion (XXL, US)   Multi-Utilities 63 81 9 47
5. WEC Energy (XL, US)  Multi-Utilities
5. WEC Energy (XL, US)   Multi-Utilities 31 47 60 40
6. Consolidated Edison (XXL, US)  Multi-Utilities
6. Consolidated Edison (XXL, US)   Multi-Utilities 55 13 78 36
7. CenterPoint (XL, US)  Multi-Utilities
7. CenterPoint (XL, US)   Multi-Utilities 47 43 46 26
8. CMS Energy (XL, US)  Multi-Utilities
8. CMS Energy (XL, US)   Multi-Utilities 19 77 36 20
9. DTE Energy (XXL, US)  Multi-Utilities
9. DTE Energy (XXL, US)   Multi-Utilities 47 45 20 12
10. Ameren (XL, US)  Multi-Utilities
10. Ameren (XL, US)   Multi-Utilities 17 35 41 3

November 14, 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. Linamar (XL, CA)  Auto Parts & Equipment
1. Linamar (XL, CA)   Auto Parts & Equipment 87 37 98 98
2. Fairfax (XXL, CA)  Property & Casualty Insurance
2. Fairfax (XXL, CA)   Property & Casualty Insurance 71 65 65 96
3. Celestica (XL, CA)  Electr. Manufacturing Services
3. Celestica (XL, CA)   Electr. Manufacturing Services 57 93 75 95
4. CCL (XL, CA)  Metal & Glass Containers
4. CCL (XL, CA)   Metal & Glass Containers 43 77 88 94
5. Restaurant Brands International (XL, CA)  Restaurants
5. Restaurant Brands International (XL, CA)   Restaurants 59 87 67 94
6. West Fraser (XL, CA)  Forest Products
6. West Fraser (XL, CA)   Forest Products 69 99 60 94
7. Barrick Gold (XL, CA)  Gold Production
7. Barrick Gold (XL, CA)   Gold Production 82 61 72 94
8. VersaBank (XXL, CA)  Regional Banks
8. VersaBank (XXL, CA)   Regional Banks 41 83 82 92
9. Tourmaline Oil (XL, CA)  Oil & Gas Production
9. Tourmaline Oil (XL, CA)   Oil & Gas Production 33 85 92 92
10. Manulife Financial (XXL, CA)  Life & Health Insurance
10. Manulife Financial (XXL, CA)   Life & Health Insurance 55 75 100 91

November 14, 2024


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Mid sized companies - similar industry as ATCO

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. ALLETE (L, US)  Electric Utilities
1. ALLETE (L, US)   Electric Utilities 73 63 96 100
2. Portland General Electric (L, US)  Electric Utilities
2. Portland General Electric (L, US)   Electric Utilities 87 73 69 99
3. National Fuel Gas (L, US)  Gas Utilities
3. National Fuel Gas (L, US)   Gas Utilities 77 57 93 99
4. Canadian Utilities (L, CA)  Multi-Utilities
4. Canadian Utilities (L, CA)   Multi-Utilities 97 29 81 91
5. Hawaiian Electric Industries (L, US)  Electric Utilities
5. Hawaiian Electric Industries (L, US)   Electric Utilities 79 5 90 90
6. IDACORP (L, US)  Electric Utilities
6. IDACORP (L, US)   Electric Utilities 27 81 88 90
7. Aqua America (L, US)  Water Utilities
7. Aqua America (L, US)   Water Utilities 25 97 69 89
8. NextEra Energy Partners (L, US)  Renewable Electricity
8. NextEra Energy Partners (L, US)   Renewable Electricity 100 21 83 87
9. American States Water (M, US)  Water Utilities
9. American States Water (M, US)   Water Utilities 5 93 88 84
10. MGE Energy (M, US)  Electric Utilities
10. MGE Energy (M, US)   Electric Utilities 1 87 98 82

November 14, 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 97 71 98 100
2. Lassonde (L, CA)  Packaged Foods & Meats
2. Lassonde (L, CA)   Packaged Foods & Meats 85 97 82 100
3. Onex (L, CA)  Asset Management & Custody
3. Onex (L, CA)   Asset Management & Custody 49 97 88 100
4. Centerra (L, CA)  Gold Production
4. Centerra (L, CA)   Gold Production 94 43 92 98
5. Whitecap Resources (L, CA)  Oil & Gas Production
5. Whitecap Resources (L, CA)   Oil & Gas Production 93 87 63 98
6. Enghouse Systems (M, CA)  Application Software
6. Enghouse Systems (M, CA)   Application Software 96 32 98 98
7. Western Forest Products (L, CA)  Forest Products
7. Western Forest Products (L, CA)   Forest Products 71 91 70 98
8. Paramount (L, CA)  Oil & Gas Production
8. Paramount (L, CA)   Oil & Gas Production 79 67 86 96
9. Dundee Precious Metals (M, CA)  Gold Production
9. Dundee Precious Metals (M, CA)   Gold Production 80 53 94 96
10. Jamieson Wellness (M, CA)  Personal Products
10. Jamieson Wellness (M, CA)   Personal Products 83 73 50 94

November 14, 2024



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