Atlantic Power Corporation has begun to improve its balance sheet by redeeming near-term debt maturities.
The company has a strong portfolio of clean energy power generation assets.
The company's business model incorporates stable long-term contracts.
Income investors looking to round out a high-yielding dividend portfolio might want to consider a small power generation company named Atlantic Power Corporation (AT). Atlantic Power Corporation is the owner of a diversified portfolio of power generation assets within the United States and Canada. The company operates out of 28 power generation projects across 11 states in the United States and two provinces in Canada. Combined, these projects have a total annual capacity of approximately 2,945 megawatts. Of this amount, the company has an ownership interest in approximately 2,024 megawatts.
Just for fun, back when I had money, I took 25K and invested in every stock Cramer dinged.There was always an initial down move but I ended up 10.4% for the year. I think the guy is 90% performer, 9% broker, and 1% analyst.