Algonquin (NYSE:AQN) has the reliability of a typical utility but is also transitioning to renewable energy and has a strong growth rate. This is a combination you rarely see. I invested in Algonquin last
Algonquin: Still Interesting Despite Rebounded Oil Prices
Summary
- Algonquin is a great company for dividend growth investors to ride the green wave.
- Energy prices have strongly rebounded, and traditional energy companies like Royal Dutch Shell are getting back in favor.
- Total expected returns from Algonquin and Royal Dutch Shell are both attractive and quite similar right now.
- Algonquin is a better and safer choice to invest in right now.
I am very passionate about investing, specifically value investing for (growing) dividends. My main investments are individual stocks with global scope (European, US, Canada listed). I am privately investing since 2006 and have therefore experienced and "survived" several big crises. My educational background is Business Economics, I have also read numerous books around investing and work in the financial sector since 2007. My investment style is a mix of traditional value investing (like Benjamin Graham, Warren Buffet), but enhanced with also more (dividend) growth-oriented stocks (like Peter Lynch, Charlie Munger). My main investment portfolio is focused on (growing) dividend income in combination with capital appreciation from always buying with a Margin of Safety. My goal as a writer is to share with you my investment approach and skills, including also my investment judgement on specific companies. I am also happy to share with you interesting European companies that US-based investors might not be aware of.
Analyst’s Disclosure:I am/we are long AQN, RDS.A. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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