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  5. ACO.X: Would you hold off on adding to Atco do the the high debt levels. [ATCO Ltd. Class I Non-voting Shares]
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Q: Would you hold off on adding to Atco do the the high debt levels. I don't want another Algonquin.
Thanks Gord
Asked by Gordon on June 07, 2023
5i Research Answer:

While ACO.X has debt, we believe it runs itself generally more conservatively than AQN did. With its low valuation, dividend, and expected growth, we see it as a HOLD or a buy up to a medium size position for an income investor. 

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