Stockchase Opinions

Jim Cramer - Mad MoneySouthern CompanySOBUYNov 27, 2023

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.

$70.26

Stock price when the opinion was issued

$92.11

As of May 29, 2026. Market Open.

electrical utilities
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

BUY

Electric utilities used to be slow, steady stocks, but with data centre demand, these stocks are now growth ones. For years, they suffered a huge overhang from a nuclear power plant in Georgia with huge cost overruns. But this was completed 18 months ago and ever since the stock has been up, though only 2.5% in the past year. Pays a 3.2% dividend.

SELL

It pays a yield of 4.1%, but Enbridge pays over 7% and has the same cash flow. Sell Southern and buy Enbridge.

BUY
Will benefit from the Inflation Reduction Act's EV tax credits

Is building the first nuclear plant in the US since Three Mile Island. It took forever, but the plant is finally coming online this summer.

PARTIAL SELL

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.

TRADE
A regulated utility, so the upside is capped. Trading at a premium to its group. Good dividend.