We recently released a list What made these 10 stocks soar today? In this article, we will explore the position of Algonquin Power & Utilities Corp. (NYSE: AQN) against other best-performing stocks on Friday.
Stocks were lower on the last day of the trading week as investors sold their positions to mitigate the risks of expected trade negotiations between the U.S. and China this weekend.
The Dow Jones and 500 index fell by 0.29% and 0.07%, respectively. By contrast, the technology-heavy Nasdaq ended.
In addition to the main indexes, 10 companies have strong trading volumes and ended with double-digit earnings due to ongoing positive revenue performance and optimistic outlook.
In this article, we list the 10 best performing stocks on Friday and detail the reasons behind their earnings.
To put this list, we only considered stocks with a market cap of $20 billion and a trading volume of $5 million.
Engineers in the control room monitor the vast system, demonstrating the functionality of the rate regulating utility.
Algonquin shares rose 9.71% on Friday to close at $5.99 per year as investors cheered for profitability in the first quarter of the year.
Algonquin Power & Utilities Corp. (NYSE: AQN) said in a statement that it received net income attributable to shareholders $96.8 million, a reversal of the $89.1 million net loss recorded in the same period last year.
"Our results are solid, even considering one-time projects that create positive headwinds, reflecting the strength of our core normative utility operations," said Rod West, CEO of Algonquin Power & Utilities Corp. (NYSE: AQN).
The company said it will detail its earnings performance on an investor call on June 3.
In other news, Algonquin Power & Utilities Corp. (NYSE:AQN) announced a cash dividend of $0.65 per share for shareholders from April 1 to June 30, 2025. The dividend will be paid on July 15.
Shareholders can also choose to receive dividends at a dividend of CAD 0.0897.
Overall, AQN Ranked 9 On our list of top performing stocks on Friday. While we acknowledge the potential of AQN as an investment, our belief is that AI stocks have higher returns in a shorter time frame and do this in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for AI stocks that are more promising than AQN but have less than 5 times its earnings, check out our report on this cheapest AI stock.