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Capital Power Corporation (CPX $60.00)
- $60.00 P/E (TTM): 18.24X Cap: $8.35B
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Q: Hi, what do you think would you be the reason that CPX is doing so well lately?
I didn’t buy a year or so ago because it was always rated a notch lower than ENB,TRP, BICP,ATCO etc. Would you say it is a good buy now due to it participating in electricity grid. Or is it getting too expensive?
Thanks

Asked by Brad on September 23, 2024

5i Research Answer:

We had ranked it lower due to debt and relatively low earnings growth. Even now, based on...

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