Stock price when the opinion was issued
This is really a valuation pick within a space that had come off since January. The numbers in January were fantastic. It had really accelerated from October then had a big fall this winter. A big move for a utility company. Has a really nice upside from a technical basis. Risk/reward is really good. If it broke down 5%-6%, then he would back out.
This company has lagged a little, but thinks there is going to be a breakout happening pretty soon. If it breaks out, he expects it is pretty good until about $48. Looking for earnings to improve over the next few years.