is a diversified energy company known for producing electricity generated from natural gas, coal, hydro and wind. The company has increased its annualized dividend by a noteworthy 9.2 per cent over the past three years. With a P/E ratio of 13.9, TransAlta’s stock valuation appears reasonable, potentially offering investors an attractive entry point. Moreover, the company’s two-year sales growth of 51 per cent underscores its ability to expand revenues.
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