Opinions
The Weekly Buzzing Stocks by Billy Kawasaki
DTE Energy Company
DTE-N
TOP PICK
Dec 08, 2022
Stock price when the opinion was issued
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(Frankfurt Stock Exchange.) Had a nice run up over the last couple of months. Wouldn’t be his favourite in the area, primarily because their 2 main businesses are Europe and US (through their investment in T Mobile), which has been losing customers to AT&T (T-N) and Verizon (VZ-N). Have to do some things to restructure their business to take advantage of the US market. Europe is pretty challenging from a regulatory perspective.
DTE Energy (nyse: dte) is a detroit-based, diversified energy company involved in the development and management of energy-related businesses and services nationwide. built on a strong utility base, dte energy's largest operating subsidiaries are dte electric and dte gas. together, these regulated utility companies provide electric and/or gas services to more than three million residential, business and industrial customers throughout michigan. dte energy has more than 10,400 employees in utility and non-utility subsidiaries involved in a wide range of energy-related businesses nationwide. the company's growing non-utility businesses are built around the strengths, skills and assets of dte energy's electric and gas utilities. Social media mentions are up 600% in the past 24h.