Is TAC a good stock to buy? We came across a bullish thesis on TransAlta Corporation on Valueinvestorsclub.com by jd5318. In this article, we will summarize the bulls’ thesis on TAC. TransAlta Corporation’s share was trading at $13.57 as of May 25th. TAC’s trailing and forward P/E were 708.69 and 133.33 respectively according to Yahoo Finance.
TransAlta Corporation is Alberta’s largest power generator, with an equity value of roughly C$5 billion, trading at over 5.5x forward free...
