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Alternative stocks to Hydro One (TSX:H)


These are the alternatives to Hydro One that fall within the same industry, Electric Utilities, or region, Canada.

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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.

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Hydro One stock research in summary

hydroone.com


Hydro One shares are more expensive than other comparable stocks. While they are safely financed, they show below average growth, and are poor value. We recommend evaluating whether the future of the company Hydro One is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


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Country Canada
Industry Electric Utilities
Index
Size class X-Large

Large companies - similar industry as Hydro One

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Hawaiian Electric Industries (XL, US)  Electric Utilities
1. Hawaiian Electric Industries (XL, US)   Electric Utilities 83 49 90 90
2. PPL (XL, US)  Electric Utilities
2. PPL (XL, US)   Electric Utilities 35 79 83 85
3. Evergy (XL, US)  Electric Utilities
3. Evergy (XL, US)   Electric Utilities 67 83 38 80
4. NextEra Energy (XXL, US)  Electric Utilities
4. NextEra Energy (XXL, US)   Electric Utilities 33 65 66 64
5. Pinnacle West (XL, US)  Electric Utilities
5. Pinnacle West (XL, US)   Electric Utilities 59 51 55 61
6. Entergy (XXL, US)  Electric Utilities
6. Entergy (XXL, US)   Electric Utilities 23 93 45 57
7. Exelon (XXL, US)  Electric Utilities
7. Exelon (XXL, US)   Electric Utilities 67 47 47 55
8. Fortis (XL, CA)  Electric Utilities
8. Fortis (XL, CA)   Electric Utilities 67 19 74 54
9. NRG (XXL, US)  Electric Utilities
9. NRG (XXL, US)   Electric Utilities 53 39 57 41
10. Xcel Energy (XXL, US)  Electric Utilities
10. Xcel Energy (XXL, US)   Electric Utilities 59 65 20 38

April 24, 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 Hydro One

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Russel Metals (XL, CA)  Trading & Distribution
1. Russel Metals (XL, CA)   Trading & Distribution 89 87 86 100
2. Capital Power (XL, CA)  Power Producers & Traders
2. Capital Power (XL, CA)   Power Producers & Traders 79 47 99 100
3. Methanex (XL, CA)  Commodity Chemicals
3. Methanex (XL, CA)   Commodity Chemicals 98 53 70 100
4. West Fraser (XL, CA)  Forest Products
4. West Fraser (XL, CA)   Forest Products 68 100 92 100
5. Linamar (XL, CA)  Auto Parts & Equipment
5. Linamar (XL, CA)   Auto Parts & Equipment 87 59 96 98
6. Colliers International Group (XL, CA)  Real Estate Services
6. Colliers International Group (XL, CA)   Real Estate Services 78 56 86 97
7. Fairfax (XXL, CA)  Property & Casualty Insurance
7. Fairfax (XXL, CA)   Property & Casualty Insurance 77 41 65 96
8. Barrick Gold (XL, CA)  Gold Production
8. Barrick Gold (XL, CA)   Gold Production 76 83 65 96
9. CGI (XL, CA)  IT Consulting & oth. Services
9. CGI (XL, CA)   IT Consulting & oth. Services 80 67 74 95
10. Canfor (XL, CA)  Forest Products
10. Canfor (XL, CA)   Forest Products 59 93 58 92

April 24, 2025


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Mid sized companies - similar industry as Hydro One

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. National Fuel Gas (L, US)  Gas Utilities
1. National Fuel Gas (L, US)   Gas Utilities 53 100 81 99
2. Avista (L, US)  Multi-Utilities
2. Avista (L, US)   Multi-Utilities 85 69 66 96
3. IDACORP (L, US)  Electric Utilities
3. IDACORP (L, US)   Electric Utilities 31 95 88 96
4. Portland General Electric (L, US)  Electric Utilities
4. Portland General Electric (L, US)   Electric Utilities 97 31 85 95
5. NW Natural (L, US)  Gas Utilities
5. NW Natural (L, US)   Gas Utilities 81 71 49 91
6. ALLETE (L, US)  Electric Utilities
6. ALLETE (L, US)   Electric Utilities 75 51 80 90
7. Black Hills (L, US)  Multi-Utilities
7. Black Hills (L, US)   Multi-Utilities 85 35 86 90
8. Northland (L, CA)  Renewable Electricity
8. Northland (L, CA)   Renewable Electricity 93 39 65 83
9. ONE Gas (L, US)  Gas Utilities
9. ONE Gas (L, US)   Gas Utilities 59 63 67 83
10. Canadian Utilities (L, CA)  Multi-Utilities
10. Canadian Utilities (L, CA)   Multi-Utilities 89 45 55 81

April 24, 2025


Mid sized companies - similar region as Hydro One

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Enghouse Systems (M, CA)  Application Software
1. Enghouse Systems (M, CA)   Application Software 99 29 95 100
2. SSR Mining (L, CA)  Gold Production
2. SSR Mining (L, CA)   Gold Production 84 100 88 100
3. Magellan Aerospace (M, CA)  Aerospace & Defense
3. Magellan Aerospace (M, CA)   Aerospace & Defense 91 95 98 100
4. Lightspeed Commerce (L, CA)  Application Software
4. Lightspeed Commerce (L, CA)   Application Software 76 89 75 100
5. Lassonde (L, CA)  Packaged Foods & Meats
5. Lassonde (L, CA)   Packaged Foods & Meats 82 71 73 98
6. IGM Financial (L, CA)  Asset Management & Custody
6. IGM Financial (L, CA)   Asset Management & Custody 93 73 60 98
7. Jamieson Wellness (M, CA)  Personal Products
7. Jamieson Wellness (M, CA)   Personal Products 74 83 64 98
8. Exchange Income (L, CA)  Airlines
8. Exchange Income (L, CA)   Airlines 62 97 55 96
9. BlackBerry (L, CA)  Systems Software
9. BlackBerry (L, CA)   Systems Software 57 61 87 95
10. Winpak (L, CA)  Metal & Glass Containers
10. Winpak (L, CA)   Metal & Glass Containers 32 71 100 94

April 24, 2025



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