AES operates as a diversified utility in 15 countries, providing strong leadership in renewable energy sources. It trades at 17x earnings and supports a ROE of 19%. We like that cash reserves are growing, while debt is aggressively retired. We recommend setting a stop-loss at $15, looking to achieve $23 -- upside potential of 29%. Yield 3.9%
(Analysts’ price target is $22.59)
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.
Our PAST TOP PICK with AES has triggered its stop at $15. To remain disciplined, we recommend covering the position at this time.