2024-05-16 12:56:42 ET
Summary
- In our last article, we had ATCO Ltd. stock as undervalued with the potential for modest gains with low volatility.
- Q1 2024 results were excellent, with adjusted earnings per share beating estimates.
- We focus on the key thing that will determine how well ATCO Ltd. does over the next 3 years.
In our last coverage of ATCO Ltd. ( ACO.X:CA , ACO.Y:CA ), we identified the stock as extremely undervalued and one that, we felt, would produce solid risk-adjusted returns....
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ATCO: 5% Yielding Quality Utility Has More Upside Ahead