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Opinions The Panic-Proof Portfolio (Stockchase Research)
Atco LtdACO.X.TOTOP PICKFeb 21, 2023
Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
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Under pressure, as it's comprised mainly of utilities. Owns 53% of Canadian Utilities, representing 80% of earnings. Interest sensitive. Also involved in real estate and infrastructure rentals. Housing, logistics, emergency shelter. Insider buying. Yield is 5.42%.
(Analysts’ price target is $47.86)
Michael Sprung
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Premium contentOur PAST TOP PICK with ACO.X has triggered its stop at $40. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 6%, when combined with the previous buy recommendation.
It is trading close to its Book Value but pretty close to its all time low in valuation.
Ross Healy(A Top Pick May 20/22, Down 7%)
Has 20 years of dividend increases. But rising interest rates are competition for dividend-paying utilities. That said, long term this is a good company.
Darren SissonsPremium contentPremium content
Darren SissonsRoss HealyBilly Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has $9B in net debt against $1.4B in cash flow. Payout ratio is very good at only 14%. Profit margins are also positive.The company generates positive free cash flow, with a nice dividend of 4.3%. A solid income stock. Unlock Premium - Try 5i Free
Stockchase Insights
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company pays a solid and secure dividend. The valuation is low and it is stable. 5i would be comfortable owning this today. Unlock Premium - Try 5i Free
Stockchase Insights
We again reiterate this Canadian infrastructure utility, who just acquired a sizeable portfolio of wind and solar assets in Alberta and Ontario as a TOP PICK. They inked a 15 year renewable energy deal with Microsoft. It trades at 1.2x book and at 12x earnings. We like that cash reserves are growing while paying down debt and buying shares. It has a good dividend, backed by a payout ratio under 55% of cash flow. We recommend maintaining the trailing the stop at $40, looking to achieve $50 -- upside over 16%. Yield 4.2%
(Analysts’ price target is $49.81)