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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.
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).
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See Hydro One Performance
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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