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.
This was a $90 company back in 2008, way above its model price. It has had 6 years of down markets. It is now at its BV. These utilities have come down a long, long way. His model price is $31.
(A Top Pick Nov 28/14. Down 20.41%.) Chart shows a base is forming. Had reached about $90 in 2008 and is now having a tough time getting back its legs. A move above its current level would probably see it move to $60. Pays a really good dividend of 4.47%. If you own, continue to Hold.
A utility powerhouse than spun off its power-generation business last year to be a pure play on transmission and distribution. Pays a 3.1% dividend. Good to own in a slowing economy
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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.