Time to sell AQN

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I have been holding on to AQN hoping for a rebound does not seem to be likely. Is it time to sell and take a loss, and maybe put that money into bank stocks
Which are also down but might have more of a upside going forward. Thanks for any suggestions?

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Asked on June 24, 2023 4:44 am
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Hey STeve,

I know Dan already sold his and I'm on the verge of selling mine. Given the high-rate environment, utilities are likely to remain under pressure and AQN now has a reputational headwind. Not saying to sell either way, but it is what I will be doing and what Dan has already done.

It's not that AQN can't rebound - it certainly can - but it will be that much harder given the hit to its reputation and slowing growth.

Mat

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Posted by Mathieu Litalien
Answered on June 28, 2023 4:30 am