More stocks to consider
Alternative stocks to TransAlta Renewables (TSX:RNW)


These are the alternatives to TransAlta Renewables that fall within the same industry, Renewable Electricity, 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 TransAlta Renewables Performance

TransAlta Renewables stock research in summary

transaltarenewables.com


TransAlta Renewables stock research analysis by the purely faced based Obermatt method on current and historical performance by investment strategy | TransAlta Renewables (TSX:RNW), Renewable Electricity, Canada


Latest Obermatt Ranks


Log in or sign up to see the new 360° View and Sentiment ranks.

Country Canada
Industry Renewable Electricity
Index
Size class Medium

Large companies - similar industry as TransAlta Renewables

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. ATCO (XL, CA)  Multi-Utilities
1. ATCO (XL, CA)   Multi-Utilities 100 77 81 100
2. Hawaiian Electric Industries (XL, US)  Electric Utilities
2. Hawaiian Electric Industries (XL, US)   Electric Utilities 79 11 90 90
3. PPL (XL, US)  Electric Utilities
3. PPL (XL, US)   Electric Utilities 43 79 85 90
4. NRG (XXL, US)  Electric Utilities
4. NRG (XXL, US)   Electric Utilities 51 100 64 90
5. Consolidated Edison (XXL, US)  Multi-Utilities
5. Consolidated Edison (XXL, US)   Multi-Utilities 59 49 85 87
6. UGI (XL, US)  Gas Utilities
6. UGI (XL, US)   Gas Utilities 89 51 60 85
7. Atmos Energy (XL, US)  Gas Utilities
7. Atmos Energy (XL, US)   Gas Utilities 15 89 98 85
8. Pinnacle West (XL, US)  Electric Utilities
8. Pinnacle West (XL, US)   Electric Utilities 59 79 49 77
9. Capital Power (XL, CA)  Power Producers & Traders
9. Capital Power (XL, CA)   Power Producers & Traders 67 13 96 74
10. Xcel Energy (XXL, US)  Electric Utilities
10. Xcel Energy (XXL, US)   Electric Utilities 49 37 60 74

February 27, 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 TransAlta Renewables

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Russel Metals (XL, CA)  Trading & Distribution
1. Russel Metals (XL, CA)   Trading & Distribution 93 75 93 100
2. ATCO (XL, CA)  Multi-Utilities
2. ATCO (XL, CA)   Multi-Utilities 100 77 81 100
3. West Fraser (XL, CA)  Forest Products
3. West Fraser (XL, CA)   Forest Products 78 100 96 100
4. Fairfax (XXL, CA)  Property & Casualty Insurance
4. Fairfax (XXL, CA)   Property & Casualty Insurance 87 53 65 96
5. Colliers International Group (XL, CA)  Real Estate Services
5. Colliers International Group (XL, CA)   Real Estate Services 82 54 87 94
6. Linamar (XL, CA)  Auto Parts & Equipment
6. Linamar (XL, CA)   Auto Parts & Equipment 87 23 98 92
7. Manulife Financial (XXL, CA)  Life & Health Insurance
7. Manulife Financial (XXL, CA)   Life & Health Insurance 59 47 100 91
8. Barrick Gold (XL, CA)  Gold Production
8. Barrick Gold (XL, CA)   Gold Production 88 49 65 91
9. Maple Leaf Foods (XL, CA)  Packaged Foods & Meats
9. Maple Leaf Foods (XL, CA)   Packaged Foods & Meats 88 99 13 91
10. Cascades (XL, CA)  Paper Packaging
10. Cascades (XL, CA)   Paper Packaging 98 83 19 89

February 27, 2025


Find more stock ideas
Use your own criteria to filter for stocks or sign up for the latest Top 10 Stock tips.
Log in or Sign up

Mid sized companies - similar industry as TransAlta Renewables

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. National Fuel Gas (L, US)  Gas Utilities
1. National Fuel Gas (L, US)   Gas Utilities 57 100 75 100
2. IDACORP (L, US)  Electric Utilities
2. IDACORP (L, US)   Electric Utilities 35 99 89 96
3. Northland (L, CA)  Renewable Electricity
3. Northland (L, CA)   Renewable Electricity 99 67 57 96
4. Portland General Electric (L, US)  Electric Utilities
4. Portland General Electric (L, US)   Electric Utilities 91 47 81 94
5. Canadian Utilities (L, CA)  Multi-Utilities
5. Canadian Utilities (L, CA)   Multi-Utilities 99 41 73 94
6. Black Hills (L, US)  Multi-Utilities
6. Black Hills (L, US)   Multi-Utilities 83 55 78 92
7. Clearway Energy (L, US)  Renewable Electricity
7. Clearway Energy (L, US)   Renewable Electricity 53 77 64 91
8. Aqua America (L, US)  Water Utilities
8. Aqua America (L, US)   Water Utilities 43 85 67 87
9. OGE Energy (L, US)  Electric Utilities
9. OGE Energy (L, US)   Electric Utilities 33 63 89 82
10. New Jersey Resources (L, US)  Gas Utilities
10. New Jersey Resources (L, US)   Gas Utilities 53 55 79 79

February 27, 2025


Mid sized companies - similar region as TransAlta Renewables

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Lassonde (L, CA)  Packaged Foods & Meats
1. Lassonde (L, CA)   Packaged Foods & Meats 86 100 82 100
2. Magellan Aerospace (M, CA)  Aerospace & Defense
2. Magellan Aerospace (M, CA)   Aerospace & Defense 93 73 100 100
3. Lightspeed Commerce (L, CA)  Application Software
3. Lightspeed Commerce (L, CA)   Application Software 80 97 73 100
4. Vermilion Energy (L, CA)  Oil & Gas Production
4. Vermilion Energy (L, CA)   Oil & Gas Production 72 94 62 100
5. SSR Mining (L, CA)  Gold Production
5. SSR Mining (L, CA)   Gold Production 86 99 87 100
6. Northland (L, CA)  Renewable Electricity
6. Northland (L, CA)   Renewable Electricity 99 67 57 96
7. Dundee Precious Metals (M, CA)  Gold Production
7. Dundee Precious Metals (M, CA)   Gold Production 58 67 94 96
8. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
8. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 97 51 67 95
9. Kelt Exploration (M, CA)  Oil & Gas Production
9. Kelt Exploration (M, CA)   Oil & Gas Production 56 68 85 94
10. Canadian Utilities (L, CA)  Multi-Utilities
10. Canadian Utilities (L, CA)   Multi-Utilities 99 41 73 94

February 27, 2025



Obermatt Portfolio Performance
We’re so convinced about our research, that we buy our stock tips.
See the performance of the Obermatt portfolio.