TransAlta is added tot he list rated Speculative Buy at $10.91. This company has quite a poor long-term history. But management has changed and its generation assets have changed as it phased out coal (converting some coal units to natural gas) and as it invested in wind and solar and based on recent acquisitions.
It may not be suitable for a long-term hold but it currently appears to be under valued.
It’s earnings are difficult to interpret due to various non-cash items and the impacts of hedging. For this initial report, I used free cash flow as an estimate of adjusted earnings. Not that this is a speculative investment due to its inherent unpredictability.