Opinions
John Burke
Southern Company
SO-N
PARTIAL SELL
Aug 22, 2016
$52.000
Stock price when the opinion was issued
electrical utilities
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They've been way behind schedule and massively overbudget in building new nuclear power plants, but have finally opened the first one last summer and the second one to launch in early 2024. Now, they can focus on their core business of electricity generation in Alabama and Georgia. Pays a 4% yield. He's a fan of nuclear power.
electrical utilities
Utilities are challenging his company because they seem very expensive right now. SO-N are in the south eastern US and this is an area with population growth. He is scaling back.