TransAlta: Taking Profit Never Hurt Anyone (NYSE:TAC)

The market price of TransAlta (NYSE: TAC ) has risen sharply over the past two weeks, breaking through the $20 level and reaching $24.37 (all figures are in CAD unless otherwise stated). This represented an 80% upside from the $13.54 market priceI am a seasoned investor and financial journalist with over twenty years of experience in sell-side equity research, corporate and project finance, M&A and valuations, focusing on Canadian electric utilities, and infrastructure sectors. For ten years I worked as an ...