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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (141475)	2/18/2023 8:38:44 AM
From: Goose94	Read Replies (1) of 202736

Algonquin Power & Utilities (AQN-T) top pick from Chris Blumas on BNN.ca Market Call Wednesday February 15th @ 1200ET Algonquin is a diversified utility with a mix of generation, transmission and distribution assets. The company generates the majority of its revenue in the United States and the majority of its profits from its regulated utility business. The last six months have been rough for Algonquin and its share price is down by more than 45 per cent. Last quarter, the company surprised the market with weak numbers and management pulled its guidance for 2023. Higher interest rates, higher taxes and more shares outstanding hurt profitability and surprised investors. Most recent purchase at $9.75 on 2023-02-10

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