While this chart is not exactly gorgeous, Atlantic Power Corp (ATP) has remained on top of my watch-list for quite some-time.
Firstly, ATP represents one of the most promising companies to eventually turn into a 20, 30, 40 and 50.00 stock in 5-10 years like some of the behemoths like Fortis.
Secondly, ATP has focused their portfolio strongly into the biomass energy sector which represents the future for energy.
Thirdly, most importantly, and finally, the company has several large contracts that are signed near 2030 and some over 2040 which is exceptional news for investors.
Sure its a dollar stock and it represents no dividend and more volatility, but in-time it will triple and quadruple in value. The fact we are heading into a global recession where interest rates will remain suppressed (good for the utility sector), this could give it a nice boost over the next few years.
One thing you want to assure in this upcoming recession is you diversify into companies with proven free cash flow; free cash flow is king and those who are in debt will get burned irrespective of how they are or have performed over the last little while.
Earnings come out on November 4th.
- zSplit
Firstly, ATP represents one of the most promising companies to eventually turn into a 20, 30, 40 and 50.00 stock in 5-10 years like some of the behemoths like Fortis.
Secondly, ATP has focused their portfolio strongly into the biomass energy sector which represents the future for energy.
Thirdly, most importantly, and finally, the company has several large contracts that are signed near 2030 and some over 2040 which is exceptional news for investors.
Sure its a dollar stock and it represents no dividend and more volatility, but in-time it will triple and quadruple in value. The fact we are heading into a global recession where interest rates will remain suppressed (good for the utility sector), this could give it a nice boost over the next few years.
One thing you want to assure in this upcoming recession is you diversify into companies with proven free cash flow; free cash flow is king and those who are in debt will get burned irrespective of how they are or have performed over the last little while.
Earnings come out on November 4th.
- zSplit