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Alternative stocks to TransAlta (TSX:TA)


These are the alternatives to TransAlta that fall within the same industry, Power Producers & Traders, or region, Canada.

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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".

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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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