Opinions
Jim Cramer - Mad Money
Evergy
EVRG-Q
BUY
Aug 26, 2024
N/A
Stock price when the opinion was issued
Utilities
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The second-highest yielding utility on the S&P at 4.3%, a major player in Kansas and western Missouri. It's been sideways since it was formed in a merger. But three projects in this area will boost their demand: a $4 billion EV battery plant, a $800-million data centre from Meta and $1 billion data centre from Google, all to be online within the next 4 years and will total 750 megawatts of load. Will benefit when interest rates decline.