More stocks to consider
Alternative stocks to TransAlta (TSX:TA)
These are the alternatives to TransAlta that fall within the same industry, Power Producers & Traders, 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 Performance
TransAlta stock research in summary
transalta.com
TransAlta shares are more expensive than other comparable stocks. They are riskily financed, show below average growth, and are poor value. We recommend evaluating whether the future of the company TransAlta 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 |
Power Producers & Traders |
Index |
|
Size class |
Large |
Large companies - similar industry as TransAlta
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. ATCO (XL, CA) Multi-Utilities
|
1. ATCO (XL, CA) Multi-Utilities
|
99
|
|
61
|
|
83
|
|
100
|
|
2. Fortis (XL, CA) Electric Utilities
|
2. Fortis (XL, CA) Electric Utilities
|
74
|
|
58
|
|
82
|
|
98
|
|
3. PPL (XL, US) Electric Utilities
|
3. PPL (XL, US) Electric Utilities
|
42
|
|
68
|
|
94
|
|
92
|
|
4. Hawaiian Electric Industries (XL, US) Electric Utilities
|
4. Hawaiian Electric Industries (XL, US) Electric Utilities
|
78
|
|
4
|
|
90
|
|
90
|
|
5. Atmos Energy (XL, US) Gas Utilities
|
5. Atmos Energy (XL, US) Gas Utilities
|
22
|
|
84
|
|
96
|
|
86
|
|
6. Pinnacle West (XL, US) Electric Utilities
|
6. Pinnacle West (XL, US) Electric Utilities
|
64
|
|
72
|
|
58
|
|
84
|
|
7. WEC Energy (XL, US) Multi-Utilities
|
7. WEC Energy (XL, US) Multi-Utilities
|
34
|
|
74
|
|
61
|
|
76
|
|
8. AltaGas (XL, CA) Gas Utilities
|
8. AltaGas (XL, CA) Gas Utilities
|
60
|
|
96
|
|
24
|
|
74
|
|
9. Entergy (XXL, US) Electric Utilities
|
9. Entergy (XXL, US) Electric Utilities
|
22
|
|
92
|
|
52
|
|
74
|
|
10. Public Service Enterprise (XL, US) Multi-Utilities
|
10. Public Service Enterprise (XL, US) Multi-Utilities
|
3
|
|
85
|
|
87
|
|
73
|
|
January 23, 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
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. ATCO (XL, CA) Multi-Utilities
|
1. ATCO (XL, CA) Multi-Utilities
|
99
|
|
61
|
|
83
|
|
100
|
|
2. Linamar (XL, CA) Auto Parts & Equipment
|
2. Linamar (XL, CA) Auto Parts & Equipment
|
87
|
|
47
|
|
98
|
|
100
|
|
3. Fortis (XL, CA) Electric Utilities
|
3. Fortis (XL, CA) Electric Utilities
|
74
|
|
58
|
|
82
|
|
98
|
|
4. West Fraser (XL, CA) Forest Products
|
4. West Fraser (XL, CA) Forest Products
|
56
|
|
99
|
|
68
|
|
96
|
|
5. Fairfax (XXL, CA) Property & Casualty Insurance
|
5. Fairfax (XXL, CA) Property & Casualty Insurance
|
71
|
|
87
|
|
65
|
|
96
|
|
6. Barrick Gold (XL, CA) Gold Production
|
6. Barrick Gold (XL, CA) Gold Production
|
86
|
|
57
|
|
76
|
|
94
|
|
7. Imperial (XXL, CA) Oil & Gas Integrated
|
7. Imperial (XXL, CA) Oil & Gas Integrated
|
33
|
|
81
|
|
97
|
|
93
|
|
8. Manulife Financial (XXL, CA) Life & Health Insurance
|
8. Manulife Financial (XXL, CA) Life & Health Insurance
|
55
|
|
61
|
|
100
|
|
91
|
|
9. CCL (XL, CA) Metal & Glass Containers
|
9. CCL (XL, CA) Metal & Glass Containers
|
45
|
|
73
|
|
85
|
|
91
|
|
10. Restaurant Brands International (XL, CA) Restaurants
|
10. Restaurant Brands International (XL, CA) Restaurants
|
57
|
|
81
|
|
66
|
|
90
|
|
January 23, 2025
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Mid sized companies - similar industry as TransAlta
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. NextEra Energy Partners (L, US) Renewable Electricity
|
1. NextEra Energy Partners (L, US) Renewable Electricity
|
100
|
|
65
|
|
87
|
|
100
|
|
2. National Fuel Gas (L, US) Gas Utilities
|
2. National Fuel Gas (L, US) Gas Utilities
|
63
|
|
89
|
|
81
|
|
99
|
|
3. ALLETE (L, US) Electric Utilities
|
3. ALLETE (L, US) Electric Utilities
|
74
|
|
60
|
|
96
|
|
98
|
|
4. Northland (L, CA) Renewable Electricity
|
4. Northland (L, CA) Renewable Electricity
|
97
|
|
57
|
|
59
|
|
95
|
|
5. Portland General Electric (L, US) Electric Utilities
|
5. Portland General Electric (L, US) Electric Utilities
|
94
|
|
46
|
|
68
|
|
92
|
|
6. Aqua America (L, US) Water Utilities
|
6. Aqua America (L, US) Water Utilities
|
45
|
|
87
|
|
71
|
|
91
|
|
7. Canadian Utilities (L, CA) Multi-Utilities
|
7. Canadian Utilities (L, CA) Multi-Utilities
|
88
|
|
30
|
|
80
|
|
86
|
|
8. IDACORP (L, US) Electric Utilities
|
8. IDACORP (L, US) Electric Utilities
|
38
|
|
74
|
|
88
|
|
84
|
|
9. OGE Energy (L, US) Electric Utilities
|
9. OGE Energy (L, US) Electric Utilities
|
42
|
|
64
|
|
90
|
|
84
|
|
10. Sunnova Energy International (M, US) Renewable Electricity
|
10. Sunnova Energy International (M, US) Renewable Electricity
|
77
|
|
93
|
|
1
|
|
81
|
|
January 23, 2025
Mid sized companies - similar region as TransAlta
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Magellan Aerospace (M, CA) Aerospace & Defense
|
1. Magellan Aerospace (M, CA) Aerospace & Defense
|
99
|
|
77
|
|
98
|
|
100
|
|
2. Whitecap Resources (L, CA) Oil & Gas Production
|
2. Whitecap Resources (L, CA) Oil & Gas Production
|
96
|
|
70
|
|
63
|
|
100
|
|
3. Lassonde (L, CA) Packaged Foods & Meats
|
3. Lassonde (L, CA) Packaged Foods & Meats
|
84
|
|
99
|
|
82
|
|
100
|
|
4. Mullen (L, CA) Trucking
|
4. Mullen (L, CA) Trucking
|
96
|
|
78
|
|
79
|
|
100
|
|
5. Sundial Growers (M, CA) Pharmaceuticals
|
5. Sundial Growers (M, CA) Pharmaceuticals
|
56
|
|
83
|
|
73
|
|
100
|
|
6. Dundee Precious Metals (M, CA) Gold Production
|
6. Dundee Precious Metals (M, CA) Gold Production
|
78
|
|
69
|
|
96
|
|
98
|
|
7. Jamieson Wellness (M, CA) Personal Products
|
7. Jamieson Wellness (M, CA) Personal Products
|
84
|
|
71
|
|
53
|
|
98
|
|
8. Lightspeed Commerce (L, CA) Application Software
|
8. Lightspeed Commerce (L, CA) Application Software
|
73
|
|
86
|
|
71
|
|
98
|
|
9. The North West (L, CA) Food Retail
|
9. The North West (L, CA) Food Retail
|
71
|
|
77
|
|
81
|
|
98
|
|
10. Onex (L, CA) Asset Management & Custody
|
10. Onex (L, CA) Asset Management & Custody
|
45
|
|
91
|
|
91
|
|
97
|
|
January 23, 2025
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